•1 min read•from TechCrunch
Nuclear startup X-energy raises $1B in data center-driven IPO
Our take
X-energy, a nuclear startup backed by Amazon, has successfully raised approximately $1 billion through its recent IPO, surpassing initial expectations by securing around 20% more funding than anticipated. This surge in investment reflects the growing demand for nuclear power as a sustainable energy solution in a world increasingly focused on clean technology. By positioning itself at the forefront of innovation in nuclear energy, X-energy is poised to transform how we approach energy production and management, paving the way for a more sustainable future.

Amazon-backed X-energy was able to raise around 20% more money in its IPO as demand for nuclear power surges.
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