---
title: "Instantly worth $7.7 billion — startup digging for limitless underground energy goes public"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286521808.md"
description: "The company began trading on the Nasdaq on Wednesday, and its shares climbed well above their offering price on the first day."
datetime: "2026-05-15T07:03:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286521808.md)
  - [en](https://longbridge.com/en/news/286521808.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286521808.md)
---

# Instantly worth $7.7 billion — startup digging for limitless underground energy goes public

The company began trading on the Nasdaq on Wednesday, and its shares climbed well above their offering price on the first day.

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