X-Energy targets 7.51 billion dollar valuation in US IPO
The Maryland-based nuclear developer aims to raise up to 814.3 million dollars. It plans to offer 42.9 million shares on the Nasdaq under the ticker symbol XE.
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The Maryland-based nuclear reactor developer X-Energy, which is backed by AMAZON.COM INC, announced on Wednesday its intention to achieve a valuation of up to $7.51 billion through an initial public offering in the United States. The company specializes in advanced nuclear technology and is positioning itself within the growing market for clean energy solutions.
