X Energy, LLC announced that it has received approximately $500 million in a round of funding led by new investor The Climate Pledge Fund, a fund managed by Amazon.com Inc., Investment Arm on October 16, 2024. The transaction included participation from new investors NGP Energy Capital Management, LLC, University of Michigan, affiliates of Ares Management Corporation and individual investor Ken Griffin. Amazon.com Inc., Investment Arm participated through common shares in the transaction.