Amazon-backed X-energy raises over $1bn in upsized IPO
X-energy, a nuclear technology startup supported by Amazon, successfully secured more than $1 billion through an expanded initial public offering. The company, based in Rockville, Maryland, offered 44.3 million shares priced at $23 apiece, significantly exceeding its anticipated range of $16 to $19.
Key facts
- X-energy raised over $1 billion in its IPO.
- The company sold 44.3 million shares.
- Shares priced at $23 each.
- The marketed range was $16 to $19.
- X-energy is based in Rockville, Maryland.
- Amazon is a backer of X-energy.
- The IPO was upsized.
Entities
Institutions
- X-energy
- Amazon
Locations
- Rockville
- Maryland
Sources
- Quartz —