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

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

Nuclear startup X-energy began its investor roadshow Wednesday as it works toward its IPO, setting its target price between $16 and $19 per share, according to documents filed with the U.S. Securities and Exchange Commission. If it lists at the high end, the startup could net $814.3 million.

X-energy and its peers have been riding a renewed wave of interest in fission power as demand for electricity has surged on the back of AI data centers and society-wide electrification. 

Originally reported by TechCrunch