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.

The Nasdaq logo is featured at the Nasdaq Market site in New York City, captured in a file photo from February 2026. REUTERS/Jeenah Moon/File Photo
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