X-Energy’s failed $1 billion SPAC became a $1 billion IPO. The reactor did not change. The market did.

X-Energy’s failed $1 billion SPAC became a $1 billion IPO. The reactor did not change. The market did.

  1. AtSign Innovations
  2. Blogs
  3. X-Energy’s failed $1 billion SPAC became a $1 billion IPO. The reactor did not change. The market did.

In short: X-Energy raised $1.02 billion in the largest nuclear IPO on record, pricing at $23 (21% above range) on the Nasdaq, with shares surging 31% on opening to imply a $12 billion market cap. The offering was 15x oversubscribed. The same company failed to close a $1 billion SPAC in 2023. The difference is […]



This story continues at The Next Web
  1. No comment added yet!

    2. Leave Your Comment

    Your email address will not be published. Required fields are marked *

AtSign Innovations

© AtSign Innovations 2024 -2026