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Apr 27, 2026 4:01 PM

Cathie Wood Bets Big On New IPO: Buys Shares Of Amazon-Backed X-Energy To Expand Nuclear Investments

Ark Invest didn't wait long to add shares of newly public X-Energy Inc (NASDAQ:XE) after the company's initial public offering. Here's a look at which funds from the Cathie Wood-led company took early bets on the now public company backed by Amazon.com Inc (NASDAQ:AMZN).

Ark Buys X-Energy Stock

X-Energy, an Amazon-backed nuclear company, held its highly anticipated IPO on Friday with shares priced at $23.

That was higher than the initial pricing range of $16 to $19 and shares opened for trading at $30.11, showing the early demand and excitement for the company. The stock later closed slightly down at $29.20 on Friday.

Ark Invest bought shares in X-Energy across several of its ETFs, according to a daily email of transactions sent out Friday night. Here are the funds used to buy ...