Amazon-backed X-energy Files for Up to $800M IPO
X-energy, a nuclear startup backed by Amazon, has begun its investor roadshow for an IPO with a target price range of $16 to $19 per share, potentially raising up to $814 million. Amazon led a $500 million investment round and has committed to purchasing up to 5 gigawatts of nuclear power from X-energy by 2039. The IPO comes after a failed reverse merger attempt in 2023.
Topics: corporate funding investor roadshow IPO nuclear energy patent dispute