AMZNIPO with a very nuclear-sized check
X-Energy just raised $1.02 billion in its IPO, which is a lot of money even by “we’re building the future” standards. Amazon is one of the company’s backers, so this story has a little extra Big Tech sparkle on it — the kind of sparkle that usually means someone is trying to solve a very expensive problem.
Why should you care?
Because power is becoming the bottleneck. AI data centers, industrial electrification, and the general “we need more electricity yesterday” vibe are pushing companies to look at nuclear again like it’s the cool kid who left town and came back with better headphones.
For Amazon, the link matters because it’s another sign that the company is thinking way beyond e-commerce boxes and cloud servers. If dependable clean power becomes a strategic asset, having a foot in the nuclear door could age very well.
The bigger picture
This IPO isn’t just about one company cashing a giant check. It’s another data point in the broader energy scramble, where investors are watching anything that can feed the grid without sending emissions through the roof.
Big picture: when the people funding your data centers start backing nuclear firms, you know the electricity problem is no longer theoretical.