Amazon’s Supply Chain Unit Sparks 18% GXO Slide; X-Energy IPO Rises to $31.80
AMZN•Amazon launched a dedicated supply chain services business, triggering an 18% drop in GXO Logistics stock after GXO said its logistics focus differs. Amazon-backed X-Energy shares rose from $23 to $31.80 following a 5 GW nuclear deal through 2039, despite a $390 million 2025 loss and no commercial units until 2030.
1. Amazon Unveils Dedicated Supply Chain Service
On May 7, Amazon introduced a dedicated supply chain services unit to offer third-party businesses end-to-end logistics solutions leveraging its existing infrastructure.
2. GXO Logistics Reacts to Amazon Entry
Shares of GXO Logistics fell 18% after the launch; CEO Patrick Kelleher said the company's customized logistics solutions target a different market segment, supported by 10.8% Q1 revenue growth and an upwardly revised full-year outlook.
3. Amazon-Backed X-Energy IPO and Nuclear Deal
X-Energy, backed by Amazon, priced its April IPO at $23 and is trading at $31.80 after securing a 5 GW nuclear energy agreement through 2039. The developer reported a $390 million loss in 2025 and expects first commercial reactors by 2030.
