Amazon-Backed Nuclear Firm X-Energy Raises $1.02 Billion in IPO
Photographer: George Walker IV/AP Photo
X-Energy Inc., a nuclear energy firm that counts Amazon.com Inc. as a backer, raised $1.02 billion in an upsized US initial public offering that priced above the marketed range.
The Rockville, Maryland-based company sold 44.3 million shares for $23 each, according to a statement Thursday. X-Energy had marketed the shares for $16 to $19 each.