July 21, 2023

Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549

Ares Acquisition Corporation
245 Park Avenue, 44th Floor
New York, NY 10167

       Re:      Registration Statement on Form S-4 (Registration No.
333-269400)

To whom it may concern:


         Reference is made to the above-referenced registration statement (the
  Registration
Statement   ) of Ares Acquisition Corporation (the    Issuer   ) under the
Securities Act of
1933, as amended (the    Securities Act   ) with respect to a proposed business
combination
involving a merger, consolidation, exchange of securities, acquisition of
assets, or similar
transaction involving the Issuer and X-Energy Reactor Company, LLC or one of
its
affiliate(s) (the    Transaction   ). The Registration Statement has not yet
been declared
effective as of the date of this letter.

        Pursuant to the underwriting agreement, dated February 1, 2021 (the
Underwriting
Agreement   ), by and among UBS Securities LLC, Citigroup Global Markets Inc,
in each
case as representatives of the several underwriters named in Schedule I therein
(the
   Underwriters   ), and the Issuer, the Issuer agreed to pay the Underwriters
a deferred
underwriting commission of $0.35 per one of the Issuer   s Class A ordinary
shares, par
value $0.0001 per share (the    Ordinary Shares   ), and one-third of one
warrant, where each
whole warrant entitles the holder to purchase one Ordinary Share, purchased
under the
Underwriting Agreement (the    IPO Deferred Underwriting Discount   ). This
letter is to
advise you that notwithstanding the fact that our firm has had and will have no
involvement
in the Transaction or the Registration Statement, our firm has (i) effective as
of the date
hereof, waived its rights under the Underwriting Agreement to receive the IPO
Deferred
Underwriting Discount and (ii) refused to act in every office, capacity and/or
relationship
in which we may be described, if at all, in the Registration Statement as
acting or agreeing
to act (including, without limitation, any capacity or relationship (A)
required to be
described under Paragraph 5 of Schedule A of the Securities Act (15 U.S.C.
77aa) or (B)
for which consent is required under Section 7 of the Securities Act) with
respect to the
Transaction.

        Therefore, we hereby advise you and the Issuer, pursuant to Section
11(b)(1) of the
Securities Act, that none of our firm, any person who controls it (within the
meaning of
either Section 15 of the Securities Act or Section 20 of the Securities
Exchange Act of
1934, as amended) or any of its affiliates (within the meaning of Rule 405
under the
Securities Act) will be responsible for any part of the Registration Statement.
This notice
 is not intended to constitute an acknowledgment or admission that we have been
or are an
underwriter (within the meaning of Section 2(a)(11) of the Securities Act or
the rules and
regulations promulgated thereunder) with respect to the Transaction.



                                     Very truly yours,

                                     MORGAN STANLEY & CO. LLC


                                     By:________________________________
                                       Name: Aden Pavkov
                                       Title: Managing Director