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Here’s Why Trump Posted About Iran ‘Stealing’ the 2020 Election Hours After the US Attacked

Here’s Why Trump Posted About Iran ‘Stealing’ the 2020 Election Hours After the US Attacked

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At 2:30 am Eastern time on Saturday, President Donald Trump posted a video to his Truth Social account announcing that the US had joined Israel in launching attacks on Iran.

His next post, just two hours later, appeared to suggest that the attacks were, at least in part, motivated by a wild claim that Iran had helped rig the 2020 US elections. “Iran tried to interfere in 2020, 2024 elections to stop Trump, and now faces renewed war with United States,” the president wrote on Truth Social.

The post linked to an article on Just the News, a conspiracy-filled, pro-Trump outlet that offered no explanation for its claim beyond the vague assertion that Iran operated “a sophisticated election influence effort” in 2020.

The White House did not respond to a request for comment on whether the alleged interference factored into the decision to attack Iran or what exactly the so-called interference amounted to.

Trump has spent the years since 2020 boosting numerous baseless conspiracy theories about the 2020 election being rigged. Since his return to the White House last year, he has empowered his administration to use those debunked conspiracy theories to inform decisionmaking, from election office raids in Fulton County, Georgia, to lawsuits over unredacted voter rolls.

It’s not exactly clear what supposed Iranian interference Trump was alluding to in his Truth Social post, but Patrick Byrne, a prominent conspiracy theorist who urged Trump to seize voting machines in the wake of the 2020 election, claims to WIRED that it is related to a broader conspiracy theory that also involves Venezuela and China.

Like most election-related conspiracy theories, this one is convoluted and based on no concrete evidence. In broad terms, the conspiracy theory, which first emerged in the weeks and months after the 2020 election and has grown more complex in the years since, claims that the Venezuelan government has been rigging elections across the globe for decades by creating the voting software company Smartmatic as a vehicle to remotely rig elections. (Smartmatic has repeatedly denied all allegations against it and successfully sued right-wing outlet Newsmax for promoting conspiracy theories and defaming the company.)

Byrne laid out the entire conspiracy theory in a 45-minute-long presentation posted to X in 2024. His claims have been widely shared within the election-denial community since it was posted.

Iran’s role in all of this, claims Byrne, was to hide the money trail. “They act as paymasters. They keep certain payments that would reveal this [operation] out of the banking system, out of the Swift system so you can’t see it,” claimed Byrne during this presentation “It’s done through a transfer pricing mechanism run through Iran in oil.”

When asked for evidence of Iran’s role in this conspiracy theory, Byrne did not respond. In fact, none of Byrne’s claims have ever been verified, and most have been repeatedly debunked. Smartmatic did not immediately respond to a request to comment.

There have been two actual documented instances of Iranian election interference, however: In 2021, the Justice Department charged two Iranians for conducting an influence operation designed to target and threaten US voters. And in 2024, the three Iranian hackers working for the government were charged with compromising the Trump campaign as part of an effort to disrupt the 2024 election.

Byrne’s allegations, however, have been wholly different. And while Byrne’s claims have been circulating among online conspiracy groups for years, they have been emailed directly to Trump in recent months by Peter Ticktin, a lawyer who has known Trump since they attended the New York Military Academy together. Ticktin also represents former Colorado election official turned election denial superstar Tina Peters.

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Val Kilmer AI deepfake film As Deep as the Grave has just released its first trailer. The internet has responded with overwhelming disgust.

A widely recognised actor known for his roles in films such as Top Gun, Batman Forever, and Kiss Kiss Bang Bang, Kilmer died from pneumonia last April at 65 years old. Upcoming film As Deep as the Grave has now used generative AI to create a digital puppet in Kilmer’s likeness, having it portray a character appearing in “a significant part” of the historical film.

As Deep as the Grave follows married archaeologists Ann Axtell Morris (Abigail Lawrie) and Earl H. Morris (Tom Felton), who conducted fieldwork in the U.S. southwest during the 1920s. Kilmer’s AI-generated likeness will be used to depict Father Fintan, a Catholic priest who is also a Native American spiritualist. The film also features Abigail Breslin, Wes Studi, and Finn Jones.

Though Kilmer was cast in As Deep as the Grave prior to his death, delays in production and issues with his health meant he never shot any scenes. Kilmer had previously given a tech-assisted performance in Top Gun: Maverick, which digitally altered his real voice. He also worked with UK company Sonantic to create an AI speaking voice based on his old recordings. However, As Deep as the Grave will be the first time his likeness and voice will be completely AI-generated in a film.

“Very fitting that this trailer includes a scene where a corpse is unceremoniously yanked out of the ground,” read one of the top comments on As Deep as the Grave‘s trailer at time of writing.

CGI likenesses of deceased actors have been used in feature films before. In 2016, Rogue One: A Star Wars Story gained attention for using CGI and motion capture to resurrect Peter Cushing and portray a younger Carrie Fisher for a few minutes of the film. In 2015, Furious 7 used similar techniques to insert Paul Walker into the remainder of the film after he died mid-shoot. Though Furious 7 largely received a pass due to the circumstances, Rogue One received criticism regarding the ethics of its CGI Cushing. Using generative AI to completely create a performance out of nothing appears to go a step even further, completely removing any actors from the process.

Writer and director Coerte Voorhees told Variety that he chose to use AI rather than recast the role due to budget constraints, and that Kilmer’s children gave the project their blessing. Even so, online commenters have labelled it disgusting and disrespectful, not only for digitally reanimating Kilmer but also for the damaging precedent As Deep as the Grave‘s use of AI could set for the film industry as a whole.

#Val #Kilmer #deepfake #Deep #Grave #trailer #sparks #outrage">Val Kilmer AI deepfake in ‘As Deep as the Grave’ trailer sparks outrage Val Kilmer AI deepfake film As Deep as the Grave has just released its first trailer. The internet has responded with overwhelming disgust.A widely recognised actor known for his roles in films such as Top Gun, Batman Forever, and Kiss Kiss Bang Bang, Kilmer died from pneumonia last April at 65 years old. Upcoming film As Deep as the Grave has now used generative AI to create a digital puppet in Kilmer’s likeness, having it portray a character appearing in “a significant part” of the historical film.As Deep as the Grave follows married archaeologists Ann Axtell Morris (Abigail Lawrie) and Earl H. Morris (Tom Felton), who conducted fieldwork in the U.S. southwest during the 1920s. Kilmer’s AI-generated likeness will be used to depict Father Fintan, a Catholic priest who is also a Native American spiritualist. The film also features Abigail Breslin, Wes Studi, and Finn Jones.Though Kilmer was cast in As Deep as the Grave prior to his death, delays in production and issues with his health meant he never shot any scenes. Kilmer had previously given a tech-assisted performance in Top Gun: Maverick, which digitally altered his real voice. He also worked with UK company Sonantic to create an AI speaking voice based on his old recordings. However, As Deep as the Grave will be the first time his likeness and voice will be completely AI-generated in a film.“Very fitting that this trailer includes a scene where a corpse is unceremoniously yanked out of the ground,” read one of the top comments on As Deep as the Grave‘s trailer at time of writing. CGI likenesses of deceased actors have been used in feature films before. In 2016, Rogue One: A Star Wars Story gained attention for using CGI and motion capture to resurrect Peter Cushing and portray a younger Carrie Fisher for a few minutes of the film. In 2015, Furious 7 used similar techniques to insert Paul Walker into the remainder of the film after he died mid-shoot. Though Furious 7 largely received a pass due to the circumstances, Rogue One received criticism regarding the ethics of its CGI Cushing. Using generative AI to completely create a performance out of nothing appears to go a step even further, completely removing any actors from the process.Writer and director Coerte Voorhees told Variety that he chose to use AI rather than recast the role due to budget constraints, and that Kilmer’s children gave the project their blessing. Even so, online commenters have labelled it disgusting and disrespectful, not only for digitally reanimating Kilmer but also for the damaging precedent As Deep as the Grave‘s use of AI could set for the film industry as a whole. #Val #Kilmer #deepfake #Deep #Grave #trailer #sparks #outrage

Val Kilmer AI deepfake film As Deep as the Grave has just released its first trailer. The internet has responded with overwhelming disgust.

A widely recognised actor known for his roles in films such as Top Gun, Batman Forever, and Kiss Kiss Bang Bang, Kilmer died from pneumonia last April at 65 years old. Upcoming film As Deep as the Grave has now used generative AI to create a digital puppet in Kilmer’s likeness, having it portray a character appearing in “a significant part” of the historical film.

As Deep as the Grave follows married archaeologists Ann Axtell Morris (Abigail Lawrie) and Earl H. Morris (Tom Felton), who conducted fieldwork in the U.S. southwest during the 1920s. Kilmer’s AI-generated likeness will be used to depict Father Fintan, a Catholic priest who is also a Native American spiritualist. The film also features Abigail Breslin, Wes Studi, and Finn Jones.

Though Kilmer was cast in As Deep as the Grave prior to his death, delays in production and issues with his health meant he never shot any scenes. Kilmer had previously given a tech-assisted performance in Top Gun: Maverick, which digitally altered his real voice. He also worked with UK company Sonantic to create an AI speaking voice based on his old recordings. However, As Deep as the Grave will be the first time his likeness and voice will be completely AI-generated in a film.

“Very fitting that this trailer includes a scene where a corpse is unceremoniously yanked out of the ground,” read one of the top comments on As Deep as the Grave‘s trailer at time of writing.

CGI likenesses of deceased actors have been used in feature films before. In 2016, Rogue One: A Star Wars Story gained attention for using CGI and motion capture to resurrect Peter Cushing and portray a younger Carrie Fisher for a few minutes of the film. In 2015, Furious 7 used similar techniques to insert Paul Walker into the remainder of the film after he died mid-shoot. Though Furious 7 largely received a pass due to the circumstances, Rogue One received criticism regarding the ethics of its CGI Cushing. Using generative AI to completely create a performance out of nothing appears to go a step even further, completely removing any actors from the process.

Writer and director Coerte Voorhees told Variety that he chose to use AI rather than recast the role due to budget constraints, and that Kilmer’s children gave the project their blessing. Even so, online commenters have labelled it disgusting and disrespectful, not only for digitally reanimating Kilmer but also for the damaging precedent As Deep as the Grave‘s use of AI could set for the film industry as a whole.

#Val #Kilmer #deepfake #Deep #Grave #trailer #sparks #outrage">Val Kilmer AI deepfake in ‘As Deep as the Grave’ trailer sparks outrage

Val Kilmer AI deepfake film As Deep as the Grave has just released its first trailer. The internet has responded with overwhelming disgust.

A widely recognised actor known for his roles in films such as Top Gun, Batman Forever, and Kiss Kiss Bang Bang, Kilmer died from pneumonia last April at 65 years old. Upcoming film As Deep as the Grave has now used generative AI to create a digital puppet in Kilmer’s likeness, having it portray a character appearing in “a significant part” of the historical film.

As Deep as the Grave follows married archaeologists Ann Axtell Morris (Abigail Lawrie) and Earl H. Morris (Tom Felton), who conducted fieldwork in the U.S. southwest during the 1920s. Kilmer’s AI-generated likeness will be used to depict Father Fintan, a Catholic priest who is also a Native American spiritualist. The film also features Abigail Breslin, Wes Studi, and Finn Jones.

Though Kilmer was cast in As Deep as the Grave prior to his death, delays in production and issues with his health meant he never shot any scenes. Kilmer had previously given a tech-assisted performance in Top Gun: Maverick, which digitally altered his real voice. He also worked with UK company Sonantic to create an AI speaking voice based on his old recordings. However, As Deep as the Grave will be the first time his likeness and voice will be completely AI-generated in a film.

“Very fitting that this trailer includes a scene where a corpse is unceremoniously yanked out of the ground,” read one of the top comments on As Deep as the Grave‘s trailer at time of writing.

CGI likenesses of deceased actors have been used in feature films before. In 2016, Rogue One: A Star Wars Story gained attention for using CGI and motion capture to resurrect Peter Cushing and portray a younger Carrie Fisher for a few minutes of the film. In 2015, Furious 7 used similar techniques to insert Paul Walker into the remainder of the film after he died mid-shoot. Though Furious 7 largely received a pass due to the circumstances, Rogue One received criticism regarding the ethics of its CGI Cushing. Using generative AI to completely create a performance out of nothing appears to go a step even further, completely removing any actors from the process.

Writer and director Coerte Voorhees told Variety that he chose to use AI rather than recast the role due to budget constraints, and that Kilmer’s children gave the project their blessing. Even so, online commenters have labelled it disgusting and disrespectful, not only for digitally reanimating Kilmer but also for the damaging precedent As Deep as the Grave‘s use of AI could set for the film industry as a whole.

#Val #Kilmer #deepfake #Deep #Grave #trailer #sparks #outrage

The feature was expanded in January to give parents some control over how long their kids spend scrolling through Shorts, with an option for zero minutes “coming soon.” According to YouTube spokesperson Makenzie Spiller, the option to set the timer to zero is now “live for all parents, and is currently being rolled out to everyone,” including users with regular adult accounts.

Regardless of age, it can be a handy tool for anyone who wants to spend a little less time scrolling. The Shorts tab won’t show any videos once you hit your limit, just a notification that you’ve “reached your Shorts feed limit.” In our tests, hitting the time limit also removes Shorts from the Home screen, so by setting the timer to zero you can ignore Shorts entirely if you want. To turn on the timer, go to the settings in the YouTube app and select “time management” then toggle on the Shorts feed limit and select a time for it.

#YouTube #lets #turn #ShortsNews,Social Media,Streaming,Tech,YouTube">YouTube now lets you turn off ShortsYouTube’s time management settings now have an option to put a zero-minute time limit on Shorts, effectively removing them from your app in Android and iOS. The option is an update to the Shorts timer YouTube originally announced in October; the lowest previous option was 15 minutes.The feature was expanded in January to give parents some control over how long their kids spend scrolling through Shorts, with an option for zero minutes “coming soon.” According to YouTube spokesperson Makenzie Spiller, the option to set the timer to zero is now “live for all parents, and is currently being rolled out to everyone,” including users with regular adult accounts.Regardless of age, it can be a handy tool for anyone who wants to spend a little less time scrolling. The Shorts tab won’t show any videos once you hit your limit, just a notification that you’ve “reached your Shorts feed limit.” In our tests, hitting the time limit also removes Shorts from the Home screen, so by setting the timer to zero you can ignore Shorts entirely if you want. To turn on the timer, go to the settings in the YouTube app and select “time management” then toggle on the Shorts feed limit and select a time for it.#YouTube #lets #turn #ShortsNews,Social Media,Streaming,Tech,YouTube

originally announced in October; the lowest previous option was 15 minutes.

The feature was expanded in January to give parents some control over how long their kids spend scrolling through Shorts, with an option for zero minutes “coming soon.” According to YouTube spokesperson Makenzie Spiller, the option to set the timer to zero is now “live for all parents, and is currently being rolled out to everyone,” including users with regular adult accounts.

Regardless of age, it can be a handy tool for anyone who wants to spend a little less time scrolling. The Shorts tab won’t show any videos once you hit your limit, just a notification that you’ve “reached your Shorts feed limit.” In our tests, hitting the time limit also removes Shorts from the Home screen, so by setting the timer to zero you can ignore Shorts entirely if you want. To turn on the timer, go to the settings in the YouTube app and select “time management” then toggle on the Shorts feed limit and select a time for it.

#YouTube #lets #turn #ShortsNews,Social Media,Streaming,Tech,YouTube">YouTube now lets you turn off Shorts

YouTube’s time management settings now have an option to put a zero-minute time limit on Shorts, effectively removing them from your app in Android and iOS. The option is an update to the Shorts timer YouTube originally announced in October; the lowest previous option was 15 minutes.

The feature was expanded in January to give parents some control over how long their kids spend scrolling through Shorts, with an option for zero minutes “coming soon.” According to YouTube spokesperson Makenzie Spiller, the option to set the timer to zero is now “live for all parents, and is currently being rolled out to everyone,” including users with regular adult accounts.

Regardless of age, it can be a handy tool for anyone who wants to spend a little less time scrolling. The Shorts tab won’t show any videos once you hit your limit, just a notification that you’ve “reached your Shorts feed limit.” In our tests, hitting the time limit also removes Shorts from the Home screen, so by setting the timer to zero you can ignore Shorts entirely if you want. To turn on the timer, go to the settings in the YouTube app and select “time management” then toggle on the Shorts feed limit and select a time for it.

#YouTube #lets #turn #ShortsNews,Social Media,Streaming,Tech,YouTube
Nuclear startup X-energy began its investor roadshow Wednesday as it works toward its IPO, setting its target price between $16 and $19 per share, according to documents filed with the U.S. Securities and Exchange Commission. If it lists at the high end, the startup could net about $814 million.

X-energy and its peers have been riding a renewed wave of interest in fission power as demand for electricity has surged on the back of AI data centers and societywide electrification. 

Amazon is one of X-energy’s biggest backers. The tech giant led a $500 million Series C-1 round and has pledged to buy as much as 5 gigawatts of nuclear power from the company by 2039.

The IPO is sure to come as a relief to X-energy’s investors, which have put about $1.8 billion into the company, according to PitchBook. The startup had previously attempted to go public via reverse merger with a special purpose acquisition company, but the two parties canceled the deal in 2023 as the SPAC craze petered out.

X-energy’s reactor is what’s known as a high-temperature, gas-cooled reactor. Inside, uranium encased in spheres of ceramic and carbon is cooled by helium gas. The gas then transfers heat to a steam turbine loop to generate electricity. The fuel design, known as TRISO, is expected to be safer than previous fuel arrangements, though it’s not widely used today.

The startup said in its SEC filing that it’s already embroiled in a patent dispute with another company that recently went bankrupt. Ultra Safe Nuclear Corporation (USNC) went bankrupt in 2024, and its assets were purchased in bankruptcy to form Standard Nuclear. X-energy alleges that USNC infringed on its fuel fabrication patents and that the matter hasn’t been resolved to its satisfaction during the course of the bankruptcy proceedings.

Outside of China, development of new nuclear reactors has all but stalled, stymied by delays and cost overruns. A new breed of startups hopes that by shrinking reactors, they’ll be able to overcome some of the challenges that have beset traditional designs.

Techcrunch event

San Francisco, CA | October 13-15, 2026

None of the small modular reactor startups have built a power plant yet, though several are racing to meet a deadline of July 4 set by the Trump administration.

While many might miss the arbitrary deadline, they’re still likely to achieve criticality, the moment when fission reactions become self-sustaining.

But the road from criticality to profitable power plants is likely to be long. Mass manufacturing can help bring costs down, but it usually takes around a decade for the process to start paying dividends. What’s more, the number of reactors these companies are planning to build might be more than other companies have attempted, but it might not be high enough to reap the true benefits of mass manufacturing.

X-energy expects that by the time its reactor production techniques are mature — what experts call “Nth-of-a-kind” — it will be able to bring costs down by 30% relative to the first-of-a-kind. Investors should pay close attention to how much that first reactor costs. It could make or break the company’s prospects.

#Amazonbacked #Xenergy #files #raise #800M #IPO #TechCrunchAmazon,IPO,nuclear fission,nuclear power,X-Energy">Amazon-backed X-energy files to raise up to 0M in IPO | TechCrunch Nuclear startup X-energy began its investor roadshow Wednesday as it works toward its IPO, setting its target price between and per share, according to documents filed with the U.S. Securities and Exchange Commission. If it lists at the high end, the startup could net about 4 million. X-energy and its peers have been riding a renewed wave of interest in fission power as demand for electricity has surged on the back of AI data centers and societywide electrification.  Amazon is one of X-energy’s biggest backers. The tech giant led a 0 million Series C-1 round and has pledged to buy as much as 5 gigawatts of nuclear power from the company by 2039. The IPO is sure to come as a relief to X-energy’s investors, which have put about .8 billion into the company, according to PitchBook. The startup had previously attempted to go public via reverse merger with a special purpose acquisition company, but the two parties canceled the deal in 2023 as the SPAC craze petered out. X-energy’s reactor is what’s known as a high-temperature, gas-cooled reactor. Inside, uranium encased in spheres of ceramic and carbon is cooled by helium gas. The gas then transfers heat to a steam turbine loop to generate electricity. The fuel design, known as TRISO, is expected to be safer than previous fuel arrangements, though it’s not widely used today. The startup said in its SEC filing that it’s already embroiled in a patent dispute with another company that recently went bankrupt. Ultra Safe Nuclear Corporation (USNC) went bankrupt in 2024, and its assets were purchased in bankruptcy to form Standard Nuclear. X-energy alleges that USNC infringed on its fuel fabrication patents and that the matter hasn’t been resolved to its satisfaction during the course of the bankruptcy proceedings. Outside of China, development of new nuclear reactors has all but stalled, stymied by delays and cost overruns. A new breed of startups hopes that by shrinking reactors, they’ll be able to overcome some of the challenges that have beset traditional designs. Techcrunch event San Francisco, CA | October 13-15, 2026 None of the small modular reactor startups have built a power plant yet, though several are racing to meet a deadline of July 4 set by the Trump administration. While many might miss the arbitrary deadline, they’re still likely to achieve criticality, the moment when fission reactions become self-sustaining. But the road from criticality to profitable power plants is likely to be long. Mass manufacturing can help bring costs down, but it usually takes around a decade for the process to start paying dividends. What’s more, the number of reactors these companies are planning to build might be more than other companies have attempted, but it might not be high enough to reap the true benefits of mass manufacturing. X-energy expects that by the time its reactor production techniques are mature — what experts call “Nth-of-a-kind” — it will be able to bring costs down by 30% relative to the first-of-a-kind. Investors should pay close attention to how much that first reactor costs. It could make or break the company’s prospects. #Amazonbacked #Xenergy #files #raise #800M #IPO #TechCrunchAmazon,IPO,nuclear fission,nuclear power,X-Energy

documents filed with the U.S. Securities and Exchange Commission. If it lists at the high end, the startup could net about $814 million.

X-energy and its peers have been riding a renewed wave of interest in fission power as demand for electricity has surged on the back of AI data centers and societywide electrification. 

Amazon is one of X-energy’s biggest backers. The tech giant led a $500 million Series C-1 round and has pledged to buy as much as 5 gigawatts of nuclear power from the company by 2039.

The IPO is sure to come as a relief to X-energy’s investors, which have put about $1.8 billion into the company, according to PitchBook. The startup had previously attempted to go public via reverse merger with a special purpose acquisition company, but the two parties canceled the deal in 2023 as the SPAC craze petered out.

X-energy’s reactor is what’s known as a high-temperature, gas-cooled reactor. Inside, uranium encased in spheres of ceramic and carbon is cooled by helium gas. The gas then transfers heat to a steam turbine loop to generate electricity. The fuel design, known as TRISO, is expected to be safer than previous fuel arrangements, though it’s not widely used today.

The startup said in its SEC filing that it’s already embroiled in a patent dispute with another company that recently went bankrupt. Ultra Safe Nuclear Corporation (USNC) went bankrupt in 2024, and its assets were purchased in bankruptcy to form Standard Nuclear. X-energy alleges that USNC infringed on its fuel fabrication patents and that the matter hasn’t been resolved to its satisfaction during the course of the bankruptcy proceedings.

Outside of China, development of new nuclear reactors has all but stalled, stymied by delays and cost overruns. A new breed of startups hopes that by shrinking reactors, they’ll be able to overcome some of the challenges that have beset traditional designs.

Techcrunch event

San Francisco, CA | October 13-15, 2026

None of the small modular reactor startups have built a power plant yet, though several are racing to meet a deadline of July 4 set by the Trump administration.

While many might miss the arbitrary deadline, they’re still likely to achieve criticality, the moment when fission reactions become self-sustaining.

But the road from criticality to profitable power plants is likely to be long. Mass manufacturing can help bring costs down, but it usually takes around a decade for the process to start paying dividends. What’s more, the number of reactors these companies are planning to build might be more than other companies have attempted, but it might not be high enough to reap the true benefits of mass manufacturing.

X-energy expects that by the time its reactor production techniques are mature — what experts call “Nth-of-a-kind” — it will be able to bring costs down by 30% relative to the first-of-a-kind. Investors should pay close attention to how much that first reactor costs. It could make or break the company’s prospects.

#Amazonbacked #Xenergy #files #raise #800M #IPO #TechCrunchAmazon,IPO,nuclear fission,nuclear power,X-Energy">Amazon-backed X-energy files to raise up to $800M in IPO | TechCrunch

Nuclear startup X-energy began its investor roadshow Wednesday as it works toward its IPO, setting its target price between $16 and $19 per share, according to documents filed with the U.S. Securities and Exchange Commission. If it lists at the high end, the startup could net about $814 million.

X-energy and its peers have been riding a renewed wave of interest in fission power as demand for electricity has surged on the back of AI data centers and societywide electrification. 

Amazon is one of X-energy’s biggest backers. The tech giant led a $500 million Series C-1 round and has pledged to buy as much as 5 gigawatts of nuclear power from the company by 2039.

The IPO is sure to come as a relief to X-energy’s investors, which have put about $1.8 billion into the company, according to PitchBook. The startup had previously attempted to go public via reverse merger with a special purpose acquisition company, but the two parties canceled the deal in 2023 as the SPAC craze petered out.

X-energy’s reactor is what’s known as a high-temperature, gas-cooled reactor. Inside, uranium encased in spheres of ceramic and carbon is cooled by helium gas. The gas then transfers heat to a steam turbine loop to generate electricity. The fuel design, known as TRISO, is expected to be safer than previous fuel arrangements, though it’s not widely used today.

The startup said in its SEC filing that it’s already embroiled in a patent dispute with another company that recently went bankrupt. Ultra Safe Nuclear Corporation (USNC) went bankrupt in 2024, and its assets were purchased in bankruptcy to form Standard Nuclear. X-energy alleges that USNC infringed on its fuel fabrication patents and that the matter hasn’t been resolved to its satisfaction during the course of the bankruptcy proceedings.

Outside of China, development of new nuclear reactors has all but stalled, stymied by delays and cost overruns. A new breed of startups hopes that by shrinking reactors, they’ll be able to overcome some of the challenges that have beset traditional designs.

Techcrunch event

San Francisco, CA | October 13-15, 2026

None of the small modular reactor startups have built a power plant yet, though several are racing to meet a deadline of July 4 set by the Trump administration.

While many might miss the arbitrary deadline, they’re still likely to achieve criticality, the moment when fission reactions become self-sustaining.

But the road from criticality to profitable power plants is likely to be long. Mass manufacturing can help bring costs down, but it usually takes around a decade for the process to start paying dividends. What’s more, the number of reactors these companies are planning to build might be more than other companies have attempted, but it might not be high enough to reap the true benefits of mass manufacturing.

X-energy expects that by the time its reactor production techniques are mature — what experts call “Nth-of-a-kind” — it will be able to bring costs down by 30% relative to the first-of-a-kind. Investors should pay close attention to how much that first reactor costs. It could make or break the company’s prospects.

#Amazonbacked #Xenergy #files #raise #800M #IPO #TechCrunchAmazon,IPO,nuclear fission,nuclear power,X-Energy

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