X-Energy IPO Largest Nuclear Offering on Record as AI Boom Spurs Energy Interest
Advanced nuclear reactor company X-Energy completed the largest nuclear public offering on record, raising over $1 billion. The company's strong debut reflects surging investor interest in nuclear power driven by AI's massive electricity demands.
Record-Breaking Nuclear Offering
Advanced nuclear reactor company X-energy began trading Friday as the AI boom and electrification broadly spark a flurry of interest in the nuclear industry. The stock opened at $30.11, after upsizing its initial offering, pricing at $23 per share — ahead of the initial range of $16 - $19 per share. The company raised more than $1 billion, making it the largest nuclear public offering on record.
Strong Market Reception
Shares last traded 32% higher.
AI Electricity Demand Driving Growth
The IPO underscores how massive data center power requirements for artificial intelligence are reshaping investor focus toward clean, reliable baseload energy sources. Nuclear power has become a critical infrastructure priority as tech companies race to power AI operations.