Overview
- Shares rose about 16% in premarket trading Monday following Friday’s 27% first-day jump.
- By the close, the stock finished up 23% at $35.98, implying a valuation near $14 billion.
- The company raised $1 billion in its Nasdaq debut, with backing from Amazon and Ken Griffin of Citadel.
- X-Energy builds small modular nuclear reactors to deliver steady, low-carbon power for factories and data centers, and its customers include Dow and Amazon.
- Despite the surge, the firm is early stage with 2025 revenue of $109.3 million and a $390 million net loss, and nuclear projects still require years of licensing and construction before major capacity comes online.