Story perspectives

Amazon-Backed X-Energy Raises $1.02B in IPO

4/24/2026

Summary

Story summary

X-Energy, backed by Amazon, raised $1.02 billion in its initial public offering.
The company sold 44.3 million shares at $23 each, above the $16-$19 range.
Underwriters, led by J.P. Morgan, Morgan Stanley, Jefferies and Moelis & Company, received a 30-day option to purchase an additional 6.6 million shares.
Shares began trading on Nasdaq under ticker “XE” on April 24, 2026 following SEC registration approval on April 23, 2026, with the offering set to close on April 27, 2026.

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Story summary

X-Energy, backed by Amazon, raised $1.02 billion in its initial public offering.
The company sold 44.3 million shares at $23 each, above the $16-$19 range.
Underwriters, led by J.P. Morgan, Morgan Stanley, Jefferies and Moelis & Company, received a 30-day option to purchase an additional 6.6 million shares.
Shares began trading on Nasdaq under ticker “XE” on April 24, 2026 following SEC registration approval on April 23, 2026, with the offering set to close on April 27, 2026.