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flag X-Energy raised $1.02B in IPO to build nuclear reactors for AI infrastructure.

flag Maryland-based nuclear reactor developer X-Energy raised $1.02 billion in its initial public offering, selling 44.3 million shares at $23 each. flag Backed by Amazon and specializing in small modular reactors, the company aims to meet surging electricity demand from AI and cloud infrastructure. flag X-Energy will begin trading on the Nasdaq under the symbol XE.

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