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.