Kam Ghaffarian

Money Moves

Chairman steering the public-listing strategy

Quantum Space, a five-year-old startup building maneuverable spacecraft for the U.S. military, has agreed to go public. It will merge with Inflection Point Acquisition Corp. VI, a shell company that exists only to take a private firm public, in a deal valuing the combined business at about $1.2 billion.

Updated 2 days ago

Built World

Largest individual shareholder post-IPO

No US utility has ordered a newly designed commercial reactor and seen it come online since the 1970s. On April 24, 2026, the first company trying to break that drought rang the Nasdaq bell. X-energy priced its IPO at $23 a share ($4 above its marketed range) and raised $1.02 billion, the largest US nuclear public offering in years. Shares closed their first day up 27%, giving the company a market valuation of roughly $11.9 billion. The offering was oversubscribed more than 15 times.

Updated May 31