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Trump’s first administration supported it. But now there’s a new crowd coming into town.

The first Trump administration helped advance the dream of cultivated meat grown from animal cells. The second Trump administration might try to kill the dream.
Robert F. Kennedy, Jr., who could control the fate of cultivated meat in America as President-elect Trump’s nominee for health secretary, has suggested that it’s an unsafe and unnatural corporate science experiment designed to enrich techno-billionaires. Vice President-elect JD Vance has called cultivated meat “disgusting,” Donald Trump, Jr. has proposed banning it, and Governor Ron DeSantis, Trump’s rumored backup choice for Pentagon secretary, has already banned it in Florida.
The timing is brutal for a potentially climate-friendly new industry that had hoped to start competing with conventional meat in 2025. Cultivated meat executives are trying to project optimism about the next four years, pointing out that President Trump’s aides created a constructive regulatory framework for their products during his first term. Republicans who support innovation, competition, and economic nationalism, they argue, ought to support high-tech manufacturing startups in the U.S. Trump ally Elon Musk’s own startup, SpaceX, has flown cultivated meat into space, while his brother Kimbal, an investor in the cultivated meat venture Upside Foods, once cooked its slaughter-free chicken on stage at a CNN event.
Still, the industry is clearly nervous. Trumpworld is divided on food issues between “Make America Healthy Again” techno-skeptics like Kennedy and conventional Republicans aligned with traditional livestock industries, but there’s opposition to cultivated meat on both sides of that divide. Cultivated meat executives met with their regulators from the Food and Drug Administration and U.S. Department of Agriculture last month at Tufts University, and while several attendees told me the discussion focused on how to get safe cultivated products to market, everyone in the room knew that road might get blocked on January 20.
San Francisco-based Mission Barns is waiting for FDA approval to blend its cultivated pork fat into plant-based meatballs and bacon; it already has photos on its website of the boxes it intends to sell in supermarkets. But its leaders are keenly aware that Kennedy may soon oversee the FDA — and that he’s expressed the same kind of doubts about “lab-grown meat” that he’s expressed about food dyes, genetically modified grain, and heavily processed foods in general.
“The election really shouldn’t affect our safety review. We know these folks care about protecting the American economy and ensuring American self-sufficiency,” Bianca Lê, the head of external affairs for Mission Barns, told me. “Obviously, though, anything can happen.”
One source close to Kennedy told me he probably wouldn’t propose banning what he calls “lab-grown meat,” but he’s likely to create regulatory hurdles that could keep startups like Mission Barns in perpetual limbo. When I asked if that meant making applicants for FDA approval jump through a million hoops, the Kennedy ally replied: “Maybe half a million.”
Growing meat from animal cells without killing animals was just a science-fiction fantasy until 2013, when the Dutch scientist Mark Post unveiled a burger patty he grew in his lab from bovine cells. That single burger cost $330,000 to produce, but investors poured more than $3 billion into hundreds of cultivated meat and seafood ventures over the next decade. Since then, they’ve brought down their costs per pound by about 99.99%.
Culturing cells into meat is still not as cheap as growing meat inside animals, but the startups are only making tiny quantities, and they’re confident they can approach price parity with animal products once they can scale up their production. The Israeli firm Believer Meats is building America’s first commercial-scale cultivated meat plant in North Carolina, and several other startups are planning to build U.S. factories once they receive regulatory approval.
But that’s been a slow process.
Trump’s first-term FDA head, Scott Gottlieb, and Agriculture Secretary, Sonny Perdue, worked with cultivated meat startups as well as conventional meat interests to create a joint regulatory process that almost everyone liked. In 2023, the Biden administration gave the Bay Area startups Upside (with investors including Cargill and Tyson as well as Kimbal Musk and Bill Gates) and Good Meat (the cultivated spin-off of the plant-based egg company Eat Just) the go-ahead to sell cultivated chicken filets.
But both companies envisioned the filets as proof-of-concept marketing plays to demonstrate that slaughter-free animal meat was real, not mass-market products they could take to commercial scale. Both sold their chicken to a limited number of diners in just one restaurant, and both ended the promotions this year.
So cultivated meat is currently unavailable in America. It’s illegal in Florida and Alabama, which both enacted bans in May. That leaves more than two dozen companies, including Upside and Good Meat, waiting for FDA approval for less expensive products they can take to market. Upside hopes to sell a product mixing cultivated chicken shreds with plant proteins at a price point competitive with organic chicken. Startups like Blue Nalu, which is cultivating bluefin tuna toro in San Diego, and Wildtype, which is cultivating salmon nigiri in San Francisco, believe they’ll be able to compete with high-end seafood as soon as they can get the federal go-ahead and build commercial factories.
The industry’s party line is that its products are safe, it’s been cooperative with regulators, and it has no reason to expect political meddling by the new political appointees.
“I don’t see the Trump administration doing bold nanny-state policy that interferes with consumer freedom,” Suzi Gerber, a nutrition scientist who leads the Association for Meat, Poultry and Seafood Innovation, an industry trade group, told me. “I think they’re going to end up on the side of American businesses and innovators, supporting the American dream.”
Globally, the strongest arguments for cultivated meat have usually emphasized the downsides of animal agriculture. Livestock operations use about a third of the land on Earth, driving much of the world’s deforestation, and cattle are a leading source of planet-warming methane. Cultivated meat would avoid those problems — as well as concerns about the mistreatment of animals and slaughterhouse workers, the overuse of antibiotics, and the fouling of rivers and lakes with manure.
But Trump doesn’t seem concerned about any of those problems, and even tech icon Musk, who used to talk a lot about climate change when his main focus was Tesla’s electric cars, falsely claimed on Joe Rogan’s podcast that the idea that animal agriculture contributes to global warming is “hot bullshit.” So the alternative protein sector, like the clean energy sector, is learning to speak the MAGA language of economic nationalism, arguing that if the U.S. regulatory process bogs down, nations like Singapore, Israel, and China will dominate the future of literal factory farming.
“The first Trump administration was very clear that it wanted this kind of innovation to stay in this country,” Upside founder and CEO Uma Valeti told me. “This isn’t about getting rid of animal meat. It’s about creating the next great American industry.”
The second Trump administration seems more likely to pick on any industry associated with the kind of climate concerns aired by Democrats. It doesn’t help that cultivated meat is also considered a threat by cattlemen and other livestock interests who reliably support Republicans. And then, of course, there’s RFK.
“I can’t remember ever seeing this level of uncertainty,” Eric Schulze, a molecular biologist and former FDA regulator who consults for several cultivated meat startups, told me. “The new team will have to decide if it supports typical Republican values of free enterprise and entrepreneurship, or if they want to create an over-regulatory environment that would be a first for the FDA under conservative leadership. The honest answer is we don’t know.”
The Biden administration isn’t rushing to approve applications before leaving office, and there’s not much the companies can do except wait. After the frenzy of interest and venture funding around cultivated meat several years ago, some once-promising startups have shut down, including New Age Eats and Sci-Fi Foods.
Wildtype raised more than $120 million during the initial burst, and it’s got a nice story to tell about producing nutritious salmon without pesticides, antibiotics, or microplastics in the U.S., instead of depleting wild salmon stocks or relying on environmentally damaging fish farms overseas. CEO Justin Kolbeck is confident that once it reaches commercial scale, growing fish filets from cells in a brewery will be more efficient and cheaper than feeding fish that have to swim, poop, and grow guts, tails, and bones that people don’t eat. But he’s got 85 employees, and he’s burning through his cash.
“How long can we wait? Not forever, that’s for sure,” Kolbeck told me. “But we try not to get too spun up about stuff we can’t control. Startups have a million ways to die, and regulatory delays are just one of them.”
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SoftBank’s error and Nvidia’s scandal suggest data centers may have already peaked as an economic and energy trend.
This is Heatmap Daily, a weekday digest written by our executive editor. Subscribe here.
Covering energy and climate change sometimes means seeing certain stories in a different light than others. And a particularly vivid hue illuminated The Wall Street Journal’s report today that the Japanese conglomerate SoftBank Group is taking a $3.7 billion loss on several gigawatts’ worth of natural gas turbines.
For the Journal, the big news is that SoftBank and its billionaire founder, Masayoshi Son, are failing to capitalize on the artificial intelligence boom. But at Heatmap, we’re thinking about the turbines.
The data center boom and the return of electricity load growth has depleted the world’s supply of natural gas turbines. SoftBank had purchased reservations for about 13 gigawatts of turbines, according to the Journal. That’s a staggering amount of electricity — it could meet New York City’s maximum power draw on the hottest part of a summer’s day. The conglomerate now seems set to dump reservations for about four gigawatts’ worth. Keeping a reservation, it turns out, really is harder than making it.
Most of those rotors were reportedly from GE Vernova, one of the world’s largest producers of gas turbines. GE Vernova’s order list for gas turbines has been filled for nearly two years and the waiting list now stretches into 2031. That has led data center developers, hungry to get power as soon as possible, to reach for ever dirtier forms of electricity generation, including diesel generators and even old jet engines.
On that front, SoftBank’s failure to sell the turbines to a higher bidder suggests (albeit weakly) that demand for energy-producing assets might not be as strong as the AI boom’s backers once thought. SoftBank was already set to send about 9 gigawatts of turbines to the enormous Trump-backed OpenAI data center in Pike County, Ohio. The roughly remaining four gigawatts will be released back their manufacturers. (One thing this news can’t quite tell us, alas, is what type of turbine set-up will be used in the Pike County facility, which will be the world’s largest gas-fired power plant if it is build to completion. Recent public filings have suggested the facility isn’t planning on using any turbines in the more efficient combined-cycle configuration, which would mean the plant’s carbon intensity will be worse than most other new natural gas plants. But we’d love to hear any tips on this front.)
To zoom out for a second, I’m struck by how the AI bubble has been replaced by an AI muddle. As I wrote this, news emerged that Nvidia is preparing to fire its CEO, Jensen Huang, for his affair with a Chinese woman who is alleged to be a spy. (He had at least one more affair with another Nvidia executive, according to The New York Times.) Under Huang’s leadership, Nvidia has invested in a sprawling and sometimes circular network of energy-related companies, including Emerald AI, a startup that helps data centers flex their electricity consumption, and Redwood Materials, a battery recycler and producer led by the former Tesla executive J.B. Straubel. Huang has used Nvidia’s enormous balance sheet to buy down the risk of other AI and AI-related companies, propelling the overall AI trade to become the biggest story in American markets.
Now that balance sheet is in peril: Nvidia’s stock is already down 11% over the past five days, and it has fallen another 8% in after-hours trading since news broke of Huang’s ouster. If the chip designer’s financial network began to fray — or even if the next CEO had a lower risk appetite than Huang — then its demise could impact a much larger set of firms.
Even before the Huang scandal broke, companies at the center of the AI trade were showing signs of weakness. Alphabet, Meta, and Microsoft are all down on the month. Nvidia was already lagging by about 10% on the month before its hebdomas horribilis began, too. The memory and chip makers Micron and Applied Materials are both down more than 25% in about the same period, and GE Vernova and Oklo have fallen nearly 20%. Although the data center company Coreweave rebounded on an earnings beat today, it’s still down 24% on the month and nearly 50% since May.
The market rout isn’t total — Anthropic seems likely to enjoy one of the largest IPOs ever in the next week (although perhaps not with quite as large a valuation as its investors once imagined). And the underlying technology of AI seems to be getting worryingly better all the time. But even though the politics of data centers and AI seem set to dominate the new Washington, I’m wondering if data centers as a mainstream economic trend might have already peaked. Americans voted for a more subdued AI boom in the midterms. Now it seems like they might get it ahead of schedule.
Lunar Energy’s latest AI-powered system aims to integrate EVs into the automated demand response mix.
In theory, it’s straightforward to assemble the smart energy home: Solar panels, home backup batteries, and electric vehicles, plus smart thermostats, heat pumps, and water heaters — all the individual pieces can be had for the homeowner who can afford the up-front cost. The challenge is getting all those pieces to talk to one another.
Bay Area-based Lunar Energy is one of the tech firms that’s been trying to crack this problem. Today, it announced an upgraded version of its artificial intelligence-powered home energy control system, which not only integrates all those separate systems but also responds tactically to energy markets. CEO Kunal Girotra told me Lunar AI saves its users money by monitoring their home 24/7 and making decisions to charge, not to charge, or discharge so that they save the most money.
“Utilities are all moving to almost-real-time changes of rates,” he said. “You need software to handle that for you. I think that the race is on for who has the best AI machine learning algorithms to save the most amount of money. And so far, we seem to have a head start.”
Lunar’s first-generation system focused on generation, storage, and control. In other words, it connected elements like a home’s rooftop solar panels with the backup battery the residents might keep in the garage, using the AI to decide when to meet the home’s real-time energy needs with solar versus grid energy versus stored power. What it didn’t have was the ability to work with electric vehicles to manage charging and use the car’s battery as a bonus source of energy.
To fix this, Lunar has built its own bidirectional EV charger — one that can charge up the battery or discharge the car’s battery for a secondary use, like backing up the home’s power supply. Girotra, formerly the head of Tesla Energy, told me the problem with that functionality to this point has been the connection point between the car and the home electrical system. Carmakers and other companies in the space didn’t have the deep experience with electrical certifications to make the process seamless, he tells me. That led to setups like the original Ford Charge Station Pro, which required several different wall-mounted electrical boxes to connect the F-150 Lightning EV to the home.
Lunar’s charger is built to connect to its customers’ existing home Lunar energy system, which includes a microgrid interconnect device they call Lunar Bridge that islands the home in case of a power outage on the grid. In that way, the power stored in the EV battery is ready to back up the home in case of a blackout without any additional work — or to be optimized as part of a fully smart home that’s making money as part of a virtual power plant.
The company’s setup allows for another fun feature: “slow” charging that’s not slow at all, but actually two or three times as fast as the Level 2 charging most EV owners use to recharge their batteries overnight. Electric cars in the U.S. can typically take on only about 11 kilowatts of AC power from one’s home because of the limitations of their on-board hardware. Because Lunar’s system is fully DC, however, Girotra said the company decided to build a DC home charger, one that — like a Tesla Supercharger or other DC fast chargers out in the world — isn’t limited by that power cap. Lunar said it could use a combination of power from the grid, home solar, or home batteries to charge an EV at up to 25 kilowatts. That’s enough to recharge an EV in three to four hours rather than six to eight.
“If the standards get high, and if everybody sees cars can get charged in three hours, then all of a sudden people are like, ‘Wow, this is how I want it,’” he said. “Especially for 25% of the users who are like me, who always are running low on charge and they don’t mind a boost every now and then.”
Some of the other improvements in the second-gen system are more incremental. An inverter that’s 40% more powerful helps Lunar get its system up to enterprise scale. That’s crucial, as the world moves toward a place where more homes and businesses employ battery backup systems. Lunar’s new batteries come in modular 5 kilowatt-hour blocks ranging from 10 kilowatt-hours to 30 kilowatt-hours in a single unit and scale up to 300 kilowatt-hours for home or small commercial use; there’s also new pad-mounted configurations with capacity up to 1 megawatt-hour.
Batteries, though, are the simple part. Everyone from EV makers like Rivian to utilities like Octopus Energy is racing to make a person’s or a business’s batteries and solar panels and electric cars work for them, using the power of AI to account for moment-to-moment changes in energy prices and supply. Lunar’s new tech makes the case that the most important element is a single brain to integrate every last smart, electrified thing in your house.
The fundraise comes on the heels of a $50 million grant from the Department of Energy.
Almost all lithium-ion batteries on the market rely on graphite for their anodes, more than 90% of which is processed in China. That concentration has created a chokepoint in the Pentagon’s supply chain as the military increasingly turns to batteries to help its transportation network operate more quietly and reduce reliance on complex refueling logistics.
So when Congress passed the latest National Defense Authorization Act at the end of 2025, barring Chinese-linked battery materials from military use starting in 2028, Coreshell saw an opening. While the California-based silicon-anode battery startup had previously focused on automakers as its beachhead customers, it’s now shipping its first battery cells to the military for use on Navy ships and Army ground vehicles. On Wednesday, Coreshell announced a $30 million Series B to scale up manufacturing operations to meet the needs of this growing customer base.
“We’re entering a new stage where we’re no longer, I would say, demand limited,” Coreshell’s CEO Jonathan Tan told me. “This year we’ve had to put on second and third shifts, work nights and weekends, just to get the product out the door.”
Coreshell sets itself apart by going a step further than the NDAA requires. The law doesn’t make suppliers trace battery materials all the way back to the mine, which would be exceedingly difficult given China’s dominance across the battery supply chain. But Coreshell has nevertheless eliminated Chinese sourcing from its anodes by replacing graphite with silicon mined and refined in the U.S. by Ferroglobe, one of its Series A investors.
Ferroglobe and global investment firm Access Industries led the latest round, with defense contractor ADS also joining as a new strategic investor. The financing comes on the heels of a $50 million Department of Energy grant that Coreshell secured in August as part of a program to strengthen the domestic battery supply chain. That funding will support the company’s first commercial-scale facility, a 2-gigawatt-hour factory.
That’s about 20 times the size of the 100-ish-megawatt-hour plant the startup had originally envisioned, as the DOE grant has allowed Coreshell to “expand much further than we were originally expecting,” according to Tan. The company is now evaluating several potential U.S. sites and expects to announce its selection early next year. For now, it relies on unnamed contract manufactures, along with its small pilot line in San Leandro, to produce its cells. But once the gigafactory gets up and running, the startup plans to bring electrode production in house by 2028, followed by full cell assembly in 2029.
Building this plant will ultimately require significant additional capital. But Tan believes this latest vote of confidence from the federal government will help Coreshell to diversify its capital stack as it continues to fundraise. “That’s one of the great things about having such a notable DOE award is that it also allows us to attract multiple forms of capital,” he told me.
Silicon has long been recognized as a promising alternative material for battery anodes, as it can store far more energy than graphite. The catch is that it tends to swell during charging, causing it to break down quickly and ultimately leading to a much shorter cycle life. Coreshell says it’s extended its anode’s lifespan by giving it a proprietary coating, which Tan told me back in April essentially means “painting the inside of your battery” with an ultra-thin protective layer.
Other companies, such as Sila Nanotechnologies and Group14 Technologies, are also working to commercialize silicon anodes. But Coreshell says many of its competitors rely on more highly engineered, expensive forms of silicon, such as silane gas. By contrast, Coreshell uses metallurgical silicon, a cheap, raw commodity already widely used in aluminum alloys. That, Tan argues, gives the company a cost advantage not only over its competitors, but potentially Chinese graphite too.
Coreshell hasn’t yet demonstrated that its cells can meet the performance demands of the automotive industry, however. When the company raised its Series A in early 2025, it said it expected its automotive cells to exceed 1,000 charge cycles while retaining 80% of their original capacity. But Tan told me many defense applications don’t require such demanding performance targets, as Navy ships and ground vehicles are “not intending to have as many miles or missions or use cases on that same battery” as a consumer EV would.
That doesn’t mean the company is abandoning its automotive ambitions. As Tan pointed out, electric vehicles remain by far the largest source of global and domestic battery demand. “It’s natural for us to obviously utilize the security supply chain first,” he told me. “That allowed us to really get to commercialization, revenue, and production faster, because automotive qualification is this longer journey. But ultimately, we want to do both of those and more.”