TechCrunch Climate
13 May 2026
Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand
Why It Matters for ITAD
Market movements like this can signal shifts in demand for ITAD services.
Fervo Energy's IPO was upsized several times after potential investors asked why the enhanced geothermal startup wasn't raising more money.
Key Takeaways
- • Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand.
