ARK Invest purchased 545,453 shares of X-Energy, Inc. (XE) on July 13, 2026. The total value of the acquisition reached approximately $8.7 million. ARK distributed the trades across the ARK Innovation ETF (ARKK) and the ARK Autonomous Technology & Robotics ETF (ARKQ).
This purchase continues a trend of ARK consistently accumulating X-Energy stock throughout July. The firm also increased its position in Oklo Inc. on the same day.
ARK cites rising electricity demand from artificial intelligence and data centers as a primary driver for the investment. X-Energy shares gained over 2% in premarket trading on July 14 following the disclosure.