The larger-than-expected sum puts the nuclear startup’s market cap around $9 billion.

X-energy, backed by Amazon’s $500M and a 5GW power purchase commitment, files for an IPO targeting up to $814M.

In 2024, Amazon anchored a financing round of about $500 million for X-Energy, which said at the time that it was working with the tech giant to bring more than 5 gigawatts of new power projects ...

Amazon-backed X-Energy raised $1.02B in its Nasdaq IPO at $23/share, as AI data centre electricity demand powers the small modular reactor investment boom.

Amazon-backed X-energy was able to raise around 20% more money in its IPO as demand for nuclear power surges.

Amazon Web Services is investing over $500 million in nuclear power, announcing three projects from Virginia to Washington State. AWS, Amazon’s subsidiary in cloud computing, has a massive and ...

Nuclear startup X-energy hit the road today to sell prospective investors on its initial public offering.

Cathie Wood’s Ark Invest reallocated capital last week, selling AMD shares worth about $74 million while adding nearly $74 million in Amazon and more than $120 million in X-Energy, a nuclear startup ...