Market
Amazon-backed X-Energy surges 27% in Nasdaq debut
ZivFin AnalysisApr 24, 2026
Shares of X-Energy, a nuclear energy company, closed their first day of trading at $29.20, 27% above the IPO share price of $23. X-Energy is the first major advanced nuclear developer to reach public markets via a traditional IPO. The companyโs path to its Friday debut on the Nasdaq included a SPAC merger agreement with an Ares-backed blank-check firm that was not consummated. The company, which develops nuclear reactors and new nuclear cooling technologies, raised $1.02 billion in proceeds from
