X-energy IPO
X-energy develops high-temperature gas-cooled nuclear reactors and TRISO nuclear fuel technology. The company focuses on providing safe, scalable nuclear energy solutions for both power generation and industrial applications, targeting the growing advanced reactor market.
Key Facts
| Industry | Nuclear Energy |
| Founded | 2009 |
| Headquarters | Rockville, MD |
| Employees | ~300 |
| Website | x-energy.com |
| Funding | Public via SPAC merger in 2021 |
About X-energy
X-energy is a leading developer of advanced small modular reactors (SMRs) and TRISO fuel technology. The company's flagship Xe-100 reactor is a high-temperature gas-cooled reactor designed to be safer, more efficient, and more cost-effective than traditional nuclear power plants. X-energy's TRISO fuel consists of uranium particles coated in carbon and ceramic layers, making it virtually meltdown-proof and capable of withstanding extreme temperatures without releasing radioactive materials.
The company has secured significant partnerships and contracts, including a $1.2 billion Department of Energy award to demonstrate its Xe-100 reactor technology and agreements with major utilities and industrial customers. X-energy went public through a SPAC merger with Ares Acquisition Corporation in 2021, positioning itself at the forefront of the nuclear renaissance as governments and corporations seek carbon-free baseload power solutions to meet climate goals and growing energy demands from data centers and industrial applications.
IPO Status
X-energy went public in October 2021 through a merger with Ares Acquisition Corporation, a SPAC. The transaction valued the company at approximately $2 billion and provided funding to advance its Xe-100 reactor and TRISO fuel development programs. Since going public, X-energy has been working to commercialize its reactor technology and fuel manufacturing capabilities. The company trades on NASDAQ under ticker XE and has been pursuing partnerships and contracts to deploy its advanced reactor systems.
Competitors
Frequently Asked Questions
Does X-energy have a stock?
Yes, X-energy completed its IPO in October 2021 through a SPAC merger with Ares Acquisition Corporation. The company now trades publicly on NASDAQ under ticker XE.
When is the X-energy IPO date?
X-energy's IPO already occurred in October 2021 when the company went public via SPAC transaction. It has been publicly traded since then.
How can I buy X-energy stock?
You can buy X-energy stock through any licensed brokerage account since it trades publicly on NASDAQ under ticker XE. The stock is accessible through online brokers, traditional investment firms, or mobile trading platforms.
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