News Summary

• Solar and battery company Solv Energy went public in February, to the tune of $6 billion.
• X-energy, which is building small modular nuclear reactors, did the same in April, and its stocks surged on its first day of trading to hit a $11.5 billion market cap.
• Most recently, the geothermal company Fervo Energywent public in mid-May and its market cap is now about $12.4 billion.
• All these companies are racing to provide electricity in an era of rising demand (partly due to data centers)