Future Tech

Nuclear startup X-energy raises $1B in data center-driven IPO

Cooling tower at nuclear power plant emits steam.

Nuclear startup X-energy raised $1 billion in its initial public offering yesterday, selling 44.3 million shares for $23 each, a hefty premium above the $16 to $19 per share it was seeking. Initially, the company had hoped to raise around $800 million.

The stock is expected to begin trading on…

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