X-energy, the nuclear startup backed by Amazon, has formally launched its IPO roadshow with plans to raise up to $800 million, according to its filing. The company is now actively pitching prospective investors as it moves toward a public listing. X-energy develops small modular reactors and advanced nuclear fuel technology, positioning itself within a sector drawing renewed institutional and corporate interest. Amazon's backing lends the offering a degree of credibility that pure-play nuclear startups have historically struggled to secure from public markets. The IPO size, at up to $800 million, would represent a substantial capital raise for the advanced nuclear space, providing X-energy with a runway to advance reactor development and commercialization. Investors will be watching whether demand at that valuation holds given the capital-intensive, long-lead nature of nuclear projects and the wider reset in growth-stock appetite. Pricing and timing details were not disclosed in available reporting.
Indian startups raised $5.2 billion across 501 deals in H1 2026, down 9% in value but up 7% in deal count year-on-year, per the Inc42 Indian Tech Startup Funding Report. The drop is driven by fewer mega-rounds, while AI funding surged 317% and growth-stage deal activity hit a multi-year high.
The BSE Sensex fell 893 points and the Nifty 50 shed 279 points on June 30, 2026, wiping out roughly Rs 6 lakh crore in investor wealth in a single session. Both indices dropped 1.16%, closing at 76,200.68 and 23,824.10 respectively.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
