X-energy

April 27, 2026

Subscribe for full access

Wisconsin Makes Hyperscalers Pay 100% of Their Own Generation Build

X-energy priced its IPO at $23 (above the $16-$19 range) for a $1 billion raise, with a Dow Texas heat-and-power deal and an Amazon agreement for up to 5 GW by 2039 anchoring the book.

April 25, 2026

Subscribe for full access

PUCT Just Drew the Line on Which Grid Bypasses Count

X-energy raised $1.02 billion in its IPO above the marketed range, with a four-unit Xe-100 plant under NRC review at Dow's Seadrift site on the Texas Gulf Coast.

March 24, 2026

Amazon-backed X-energy filed for its Nasdaq IPO under ticker "XE," targeting 5GW+ of SMR deployment by 2039.

March 3, 2026

Meanwhile, a four-reactor SMR proposal from Dow and X-energy in Calhoun County, Texas hit a wall when the NRC's Atomic Safety and Licensing Board intervened on financial-qualification grounds, injecting fresh uncertainty into nuclear-backed datacenter timelines in the state.

February 17, 2026

Dow and X-energy plan to break ground by year-end on four 80 MW Xe-100 reactors at Dow's Seadrift site in Calhoun County, backed by $800 million from DOE.