Nuclear startup X-energy raised $1 billion in its initial public offering yesterday, selling 44.3 million shares for $23 each, a hefty premium above the $16 to $19 per share it was seeking. Initially, the company had hoped to raise around $800 million.
The stock is expected to begin trading on Friday on the Nasdaq Exchange under the ticker XE.
X-energy is building small modular reactors capable of generating electricity or delivering heat to industrial processes. The company has a deal with Dow to provide heat and power to a chemical plant in Texas and another with Amazon to sell as much as 5 gigawatts of nuclear power by 2039. Amazon’s Climate Pledge Fund led X-energy’s Series C-1 round.
Nuclear startups like X-energy have been buoyed by surging demand for electricity from data centers and other parts of the economy that have been electrifying.
The company says its reactors will generate 80 megawatts of electricity. Each Xe-100 reactor is cooled by helium gas, which flows over billiard ball-sized “pebbles” that are packed with BB-sized TRISO fuel pellets. TRISO fuel, which contains a kernel of uranium wrapped in carbon and silicon, was developed years ago to be safer than existing fuel designs, though it hasn’t been widely used. X-energy says its fuel can withstand higher temperatures, helping to keep the fuel contained and reduce the potential of a meltdown.
The All Progressives Congress has postponed its House of Representatives primary election for the 2027 general elections by one day.
The party announced that the exercise, initially scheduled to hold earlier, will now take place on Saturday, May 16, 2026.
This was contained in a press statement issued on May 14, 2026, by the APC National Publicity Secretary, Felix Morka.
According to the statement, all other previously announced dates for the party’s primary elections remain unchanged.
“The All Progressives Congress (APC) announces the postponement of the House of Representatives Primary Election for the 2027 General Elections to Saturday, 16th May, 2026,” the statement read.
The party further confirmed the revised timetable for its remaining primaries as follows:
House of Representatives – Saturday, May 16, 2026
Senate – Monday, May 18, 2026
State House of Assembly – Wednesday, May 20, 2026
Governorship – Thursday, May 21, 2026
Presidential – Saturday, May 23, 2026
The statement did not provide reasons for the postponement of the House of Representatives primary election.
The APC primaries are expected to determine the party’s candidates for various elective offices ahead of the 2027 general elections.
Thousands Welcome Naanlong Daniel in Piapung Ahead of Assembly Primary, Launches Ward Coordinators,
Thousands of supporters on Thursday welcomed the Speaker of the Plateau State House of Assembly, Naanlong Daniel, to his hometown of Piapung in Mikang Local Government Area, where he inaugurated ward coordinators ahead of the forthcoming House of Assembly primary election.
The event, held at the Piapung Community Hall, attracted party faithful, community leaders, youth groups, women associations, and supporters from across the constituency.
Addressing the gathering, the Speaker charged the newly inaugurated ward coordinators to remain focused and intensify grassroots mobilization ahead of next Wednesday’s primary election.
He urged them to reach every part of the constituency in order to strengthen support and ensure effective coordination during the election period.
Daniel expressed appreciation for what he described as the overwhelming support and confidence reposed in him by the people of Piapung and the wider constituency.
According to him, his campaign remains issue-based, with the development and progress of Mikang as the top priority.
“With God on our side and the support of the people, we are committed to purposeful leadership, sustainable development, and impactful representation for the people of Mikang and beyond,” he said.
The Speaker disclosed that the screening process for beneficiaries of his scholarship scheme had been completed and announced that the programme would soon commence to support students in various tertiary institutions and academic programmes.
He stated that his administration has continued to improve access to education through scholarship initiatives and educational support programmes aimed at easing financial burdens on parents and students across the constituency.
Daniel also reaffirmed his commitment to supporting farmers through the distribution of fertilizers to boost agricultural productivity and food sufficiency in the area.
He further highlighted several projects and programmes executed under his leadership, particularly in the areas of education, agriculture, youth empowerment, and infrastructure development.
The Speaker assured residents of continued efforts toward rural transformation through the execution of additional development projects across communities in Mikang Local Government Area.
He also pledged to further upgrade the community hall he built in Piapung to make the facility more beneficial and convenient for residents.
In his remarks, John Poesmang commended the Speaker for what he described as impactful leadership and quality representation, noting that the people of Piapung were proud of his achievements and developmental strides.
Speaking on behalf of the newly inaugurated coordinators, former councillor of Yepwest Ward, Hon. Hangkop Yohana, thanked the Speaker for the confidence reposed in them and pledged loyalty and commitment toward ensuring the success of the campaign.
The event ended with chants of solidarity and renewed support for the Speaker as supporters reaffirmed their commitment to his leadership and vision for the constituency.