X-energy, a nuclear energy startup backed by Amazon, has filed for an initial public offering (IPO) aiming to raise up to $800 million. The company, which specializes in advanced nuclear reactor technology, began its roadshow today to pitch the offering to prospective investors.
Founded in 2009, X-energy has developed small modular reactors (SMRs) designed to provide cleaner and more efficient energy solutions. The company has attracted significant attention due to its partnerships with major corporations, including Amazon, which has invested in the startup as part of its climate pledge initiative.
Analysts suggest that the IPO could be a litmus test for investor appetite in next-generation nuclear technology. ‘This is a pivotal moment for the nuclear energy sector,’ said one industry analyst who requested anonymity. ‘X-energy’s success or failure could set the tone for other startups in this space.’
If successful, the IPO would mark one of the largest public debuts for a nuclear energy company in recent years. The funds raised are expected to accelerate the commercialization of X-energy’s reactor designs and expand its operational footprint.