Amazon-backed X-energy files to raise up to $800M in IPO

Key Facts

1Nuclear startup X-energy began its investor roadshow Wednesday for its IPO, setting its target price between $16 and $19 per share.

2If it lists at the high end of the price range, the startup could net $814.3 million.

3The company is backed by Amazon as part of its clean energy commitment.

Nuclear energy startup X-energy, backed by Amazon, has filed for an IPO aiming to raise up to $814.3 million, with a target share price range of $16-$19. The company began its investor roadshow on Wednesday in preparation for the public listing. If it lists at the high end of the price range, the startup could net the full $814.3 million. The IPO is intended to raise capital for growth and expansion in the advanced nuclear reactor sector. This move capitalizes on increased investor interest in clean energy and nuclear technology. A successful IPO of this size signals strong investor appetite for advanced energy solutions. Amazon's backing adds significant credibility to the venture and could provide a boost to broader clean energy sector sentiment.