The recent upsized initial public offering (IPO) of nuclear startup X-Energy has generated approximately $1.02 billion. The company, which is backed by Amazon, successfully priced its shares at $23 each, exceeding the expected range of $16 to $19.
Located in Maryland, X-Energy offered over 44.25 million shares during this IPO. The company aims to utilize the funds raised to advance its nuclear technology and expansion plans.