{"id":4087,"date":"2026-04-24T21:01:50","date_gmt":"2026-04-24T21:01:50","guid":{"rendered":"https:\/\/www.finznest.com\/blog\/nuclear-reactor-company-x-energy-shares-surge-27-in-strong-debut\/"},"modified":"2026-04-24T21:01:50","modified_gmt":"2026-04-24T21:01:50","slug":"nuclear-reactor-company-x-energy-shares-surge-27-in-strong-debut","status":"publish","type":"post","link":"https:\/\/www.finznest.com\/blog\/nuclear-reactor-company-x-energy-shares-surge-27-in-strong-debut\/","title":{"rendered":"Nuclear reactor company X-energy shares surge 27% in strong debut"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108296825\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108296825\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000410824\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"\/><span\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Advanced nuclear reactor company <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">X-energy<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> began trading Friday as the AI boom and electrification broadly spark a flurry of interest in the nuclear industry.<\/p>\n<p>The stock opened at $30.11, after upsizing its initial offering, pricing at $23 per share \u2014 ahead of the initial range of $16 &#8211; $19 per share. The company raised more than $1 billion, making it the largest nuclear public offering on record. Shares ended the day 27% higher at $29.20.<\/p>\n<p>The company&#8217;s xe-100 reactor is 80 megawatts, and can be bundled together with additional reactors to scale up to 960 megawatts. The xe-100&#8217;s model is a high-temperature gas-cooled reactor. In addition to generating electricity, its high temperatures mean it can be used in hard-to-decarbonize industrial applications such as chemical production.\u00a0<\/p>\n<p>All of the nuclear reactors currently in operation in the U.S. are light water reactors.<\/p>\n<p>The company has yet to begin construction on any of its reactor facilities, but it already has an order pipeline of more than 11 gigawatts thanks to partnerships with companies including <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-4\">Amazon<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>, <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-5\">Dow<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> and <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-6\">Centrica<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>.<\/p>\n<p>Prior to going public, the company raised more than $1.4 billion \u2013 most recently a $700 million Series D fund in November \u2013 with backers including Amazon, Jane Street, ARK Invest, Citadel&#8217;s Ken Griffin and Ares Management funds. The company has also received funding from the U.S. Department of Energy.<\/p>\n<p>X-energy is the first sizable advanced reactor company to pursue a traditional IPO route, after competitors <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-8\">Oklo<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> and <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-9\">NuScale<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> went public via SPAC transactions. X-energy previously pursued a listing via a SPAC merger, but ultimately abandoned that plan in 2023.<\/p>\n<p>The company&#8217;s business model is also different from some of its competitors, since it does not plan to own and operate nuclear plants. Rather, it will license its technology. X-energy will also sell nuclear fuel that&#8217;s produced at its fabrication facility in Oak Ridge, Tennessee, where construction began in 2025.<\/p>\n<\/div>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108121551\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>X-Energy&#8217;s\u00a0TRISO Facility.\u00a0<\/p>\n<p>Courtesy: X-Energy<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>In March 2025, X-energy and Dow submitted a construction permit application to the U.S. Nuclear Regulatory Commission for their proposed project in Seadrift, Texas. The review process is expected to take 18 months, and is part of a two-step process, which also includes applying for an operating license.<\/p>\n<p>X-Energy is also working with Amazon to deploy 5 gigawatts across the U.S. by 2039. The first project will be a 320-megawatt facility with Washington utility Energy Northwest, the companies previously announced.\u00a0<\/p>\n<\/div>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108296430\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108296430\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000410722\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108296449-17769702211776970218-45462873827-1080pnbcnews.jpg?v=1776970220&amp;w=750&amp;h=422&amp;vtcrop=y\" alt=\"Nuclear company X-Energy expected to raise $814M in latest IPO\" title=\"\"><span class=\"InlineVideo-videoButton\"\/><span\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 \u2014 ahead of the initial range of $16 &#8211; $19 per share. The company raised more [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1163,2163,2952,3078,273,276,1248,3079],"class_list":["post-4087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-company","tag-debut","tag-nuclear","tag-reactor","tag-shares","tag-strong","tag-surge","tag-xenergy"],"_links":{"self":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts\/4087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/comments?post=4087"}],"version-history":[{"count":0,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts\/4087\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/media\/4088"}],"wp:attachment":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/media?parent=4087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/categories?post=4087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/tags?post=4087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}