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X-Energy Aims for $300 Million IPO Amid Nuclear Innovation

3/21/2026

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Story summary
  • X-Energy, Inc., located in Rockville, Maryland, has submitted a draft registration statement to the SEC for an initial public offering (IPO) of its Class A common stock, seeking to raise up to $300 million.
  • The company focuses on advanced nuclear reactor technology, specifically small modular reactors (SMRs), and reported $109 million in revenue for 2025.
  • X-Energy plans to list on the Nasdaq under the ticker symbol "XE," with J.P. Morgan and Morgan Stanley serving as joint bookrunners for the offering.
  • The IPO will proceed pending SEC review and market conditions.