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X-Energy IPOs at $23/Share, Raises $1.02B in Upsized Nuclear Offering

X-ENERGYNNEURAOKLOSMRLEUCEG

X-energy priced its initial public offering at $23 per share, raising $1.02 billion in proceeds. The deal was upsized and priced above the original marketed range, signaling stronger-than-expected institutional demand. Shares began trading on public markets today.

Why it matters

An upsized IPO priced above range is a clear signal that institutional investors — the big money — wanted in more than expected, which often supports early trading momentum. X-energy operates in advanced nuclear reactor technology, a sector drawing serious capital as AI data centers and governments hunt for carbon-free baseload power. Investors already holding nuclear-adjacent plays like uranium ETFs or nuclear utilities may see sentiment lift from this debut.

Watch next

Today: X-energy first-day trading price action — watch whether shares open above or below the $23 IPO price. Ongoing: U.S. Department of Energy advanced nuclear funding announcements. Q3 2025: X-energy's first earnings report as a public company.

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