Amazon-Backed X-Energy Continues Post-IPO Rally

Amazon-backed X-Energy continues post-IPO rally

X-Energy had a market capitalization of $11.6 billion at Friday’s close.

From Gaithersburg to NASDAQ: Montgomery County's X-energy Completes Landmark $1 Billion IPO

The homegrown nuclear startup backed by Amazon just pulled off the largest nuclear public offering in history — and it’s right in our backyard. GAITHERSBURG, Md. — A Montgomery County energy company has just made history on Wall Street, and the DMV is taking notice. X-energy, the advanced nuclear technology firm headquartered at Washingtonian Center in Gaithersburg, officially began trading on the Nasdaq last Friday, April 24, under the ticker s…

X-Energy becomes a public company

Rockville, Md.-based X-Energy officially became a publicly listed company on the NASDAQ Global Select Market on April 24, the company said in an April 24 LinkedIn post. The small modular reactor (SMR) developer will be traded under the ticker symbol of XE. On April 23, X-Energy announced the pricing of its upsized initial public offering of 44 million shares of its Class A common stock at $23 per share. An upsized public offering typically occur…

X-Energy IPO raises USD$1.02B as SMRs gain traction in AI era

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Two Hot Climate Tech Startups Just Raised $1 Billion+ in IPOs

Public stock exchanges "appear to be warming to climate tech startups," reports TechCrunch. "Or at least some of them." This week, nuclear startup X-energy went public, raising $1 billion in an upsized share offering that appears to have delivered a windfall for its investors, including Amazon [and Google]. Retail investors apparently can't get enough, with the stock popping 25% in its first hour of trading. Also this week, geothermal startup Fe…