In the press conference just ended, they repeated how exactly the JET reactor worked as predicted by theory. In my layman's understanding, for the exact same reason (seemingly very sound theoretical groundwork), the SPARC reactor should exceed breakeven within the next few years.
From Wiki on CFS:
* Back in September 2021, they built the strongest high-room-temperature superconducting magnet (20 Tesla) suitable for a fusion reactor
* Theory dictates that with stronger magnets, the reactor can be scaled down (with the square/cube, can't remember exactly), and thus cost and time to develop
* Back in November 2021, they raised $1.8 billion from the likes of Bill Gates
https://en.wikipedia.org/wiki/Commonwealth_Fusion_Systems
Boy, do I think it would be crazy cool if they succeed, even taking twice as long as they've planned! :)