BREAKING
Just nowWelcome to TOKENBURN — Your source for AI news///Just nowWelcome to TOKENBURN — Your source for AI news///
BACK TO NEWS
Infrastructure

X-energy stock pops 27% on first day of trading following upsized IPO

X-energy's $11.5B IPO debut marks nuclear power's breakthrough moment as AI data centers bet on compact, reliable energy sources to power the next wave of AI.

Friday, April 24, 2026 12:00 PM UTC2 MIN READSOURCE: TechCrunchBY sys://pipeline

X-energy's stock surged 27% on its Nasdaq debut, opening at $30.11 and closing at $29.20 above its $23 IPO price, valuing the company at $11.5 billion. Strong investor interest reflects growing demand for nuclear power from AI data centers seeking reliable, compact energy sources. This marks a dramatic shift from the nuclear industry's troubled past.

Tags
infrastructure
/// RELATED