{"id":95686,"date":"2026-04-24T17:44:16","date_gmt":"2026-04-24T17:44:16","guid":{"rendered":"https:\/\/christiancorner.us\/index.php\/2026\/04\/24\/shares-of-nuclear-reactor-company-x-energy-rose-26-in-a-strong-start\/"},"modified":"2026-04-24T17:45:16","modified_gmt":"2026-04-24T17:45:16","slug":"shares-of-nuclear-reactor-company-x-energy-rose-26-in-a-strong-start","status":"publish","type":"post","link":"https:\/\/christiancorner.us\/index.php\/2026\/04\/24\/shares-of-nuclear-reactor-company-x-energy-rose-26-in-a-strong-start\/","title":{"rendered":"Shares of nuclear reactor company X-Energy rose 26% in a strong start."},"content":{"rendered":"<p>\n<\/p>\n<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>    Trading opened Friday as the AI \u200b\u200bboom and electrification fueled widespread interest in the nuclear industry.<\/p>\n<p>The stock opened at $30.11 after raising its initial offering, pricing it ahead of the initial range of $23 &#8211; $16 &#8211; $19 per share. The company raised more than $1 billion, making it the largest nuclear public offering on record. Shares last traded 26% higher.<\/p>\n<p>The company&#8217;s xe-100 reactor is 80 MW, and can be expanded to 960 MW by combining additional reactors. The XE-100 model is a high-temperature gas-cooled reactor. In addition to generating electricity, its high temperature means it can be used in difficult-to-decarbonize industrial applications such as chemical production. <\/p>\n<p>All nuclear reactors currently operating in the US are light water reactors.<\/p>\n<p>The company has not yet started construction on any of its reactor facilities, but it already has an order pipeline of more than 11 gigawatts due to partnerships with companies. <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>Before going public, the company raised more than $1.4 billion with backers including Amazon, Jane Street, ARK Invest, Citadel&#8217;s Ken Griffin and Ares Management Fund \u2014 most recently a $700 million Series D fund in November. The company has also received funding from the US Department of Energy.<\/p>\n<p>X-Energy is the first large advanced reactor company to take the traditional IPO route after rivals <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\">newscale<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 through a SPAC transaction. X-Energy previously attempted a listing via a SPAC merger, but ultimately abandoned that plan in 2023.<\/p>\n<p>The company&#8217;s business model also differs from some of its competitors, as it does not plan to own and operate nuclear plants. Rather, it will license its technology. X-Energy will also sell nuclear fuel that is produced at its manufacturing facility in Oak Ridge, Tennessee, where construction is scheduled to begin 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 Triso facility. <\/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 US 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 US by 2039. The first project will be a 320-MW facility with Washington utility Energy Northwest, the companies previously announced. <\/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 hopes to raise $814 million in latest IPO\"\/><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 favorite source on Google and never miss a moment of the most trusted name in business news.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Advanced Nuclear Reactor Company x-energy Trading opened Friday as the AI \u200b\u200bboom and electrification fueled widespread interest in the nuclear industry. The stock opened at $30.11 after raising its initial offering, pricing it ahead of the initial range of $23 &#8211; $16 &#8211; $19 per share. The company raised more than $1 billion, making it<\/p>\n","protected":false},"author":1,"featured_media":95687,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[790,531,4202,6480,1475,1160,1790,25265],"class_list":["post-95686","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bible-news","tag-company","tag-nuclear","tag-reactor","tag-rose","tag-shares","tag-start","tag-strong","tag-xenergy"],"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/95686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=95686"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/95686\/revisions"}],"predecessor-version":[{"id":95688,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/95686\/revisions\/95688"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/95687"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=95686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=95686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=95686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}