X-energy Raises $1 Billion in IPO Backed by Data Center Demand
X-energy, a nuclear startup, raised $1 billion in its IPO, selling shares at a premium above its initial target. The company plans to use the funds to develop small modular reactors, with partnerships including Amazon and Dow. The IPO is expected to list on Nasdaq under the ticker XE.
Topics: Amazon Data Centers Dow Fundraising IPO Nuclear Power X-Energy