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TechTimes · United States · Quantinuum raises $1.68bn in Nasdaq IPO at $14bn, quantum computing's first major public listing
Flags the valuation multiple: 453x 2025 revenue, the highest revenue multiple for any US tech IPO in 2026. Frames this as a bet on quantum advantage timelines, noting the company's hardware uses trapped-ion technology and targets fault-tolerant quantum computing within five years. Questions whether retail investors understand the binary nature of the bet.
“Quantinuum priced at 453x 2025 revenue, a multiple that reflects a bet on quantum advantage, not current earnings.”