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US stocks: Nuclear reactor maker X-Energy valued at $11.9 billion in stellar Nasdaq debut

US stocks: Nuclear reactor maker X-Energy valued at $11.9 billion in stellar Nasdaq debut

X-Energy's Nasdaq debut saw shares surge 30.9%, valuing the Amazon-backed nuclear reactor developer at $11.9 billion. The company raised over $1 billion in its IPO, aiming to deploy its small modular reactors to power AI infrastructure and meet carbon-free energy goals. This marks a significant capital milestone for X-Energy's ambitious plans.

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