X-Energy Files for Initial Public Offering

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X-Energy Files for Initial Public Offering

Dow Jones03-21 05:39

By Elias Schisgall

X-Energy filed for an initial public offering.

The holding company for X-Energy Reactor, a nuclear reactor technology company, filed to list shares on the Nasdaq Stock Market under the symbol "XE." It did not say how many shares it would offer, or at what price.

The company said it may use the net proceeds for working capital, future growth projects, or general corporate purposes including research and development, sales, and marketing, according to a filing with the Securities and Exchange Commission.

The company said it intends to capitalize on rising energy demand for data centers, adding that it believes there is a vast market for small modular reactors.

It brought in $109,098 in revenue during 2025 and incurred a net loss of $389,778, according to the filing.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

March 20, 2026 17:39 ET (21:39 GMT)

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