X-Energy (XE) Powers 13.5% as Cathie Wood Gobbles More Stake

X-Energy Inc. (NASDAQ:XE) is one of the 10 Stocks Stealing the Spotlight from Wall Street Giants.

X-Energy saw its share prices increase by 13.50 percent on Monday to end at $21.10 apiece, mirroring the broader market optimism and Cathie Wood’s increased exposure to its stock.

Last week, Wood’s global asset management, ARK Invest, announced that it increased its stake in X-Energy Inc. (NASDAQ:XE), alongside companies namely Kodiak AI, Pony AI, and DoorDash.

Photo from X-Energy website

Meanwhile, it trimmed its ownership in Pacific Biosciences, Recursion Pharmaceuticals, Twist Bioscience, and 10x Genomics, among others.

X-Energy Inc. (NASDAQ:XE) also jumped alongside the wider market after the US and Iran announced the official end to a four-month war and the reopening of the Strait of Hormuz.

The news sparked renewed optimism, with investors rotating into stocks tied to long-term growth such as AI, energy, semiconductor, nuclear, and quantum computing, among others.

In other news, X-Energy Inc. (NASDAQ:XE) earlier this month said that it sought the approval of the United Kingdom’s Generic Design Assessment for its Xe-100 High Temperature Gas-Cooled Reactor. Subject to acceptance, the approval would support the company’s plan with Centrica to deploy up to 6 GW of new nuclear in the UK.

Its latest submission builds on its US licensing progress and is expected to further benefit from expanded collaboration between ONR and the US Nuclear Regulatory Commission that allows for direct transfer of design documentation and safety analyses. This would allow applicants to leverage NRC-approved technical documents throughout the assessment, creating opportunities for enhanced efficiency in the UK’s licensing process.

While we acknowledge the risk and potential of XE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than XE and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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