Quantinuum prices its IPO at $1.68bn, setting a new bar for quantum
The marketed range was $53 to $55. Quantinuum priced at $60. That gap, the willingness of investors to pay above what the bankers asked, is the real news in the Honeywell-backed company’s initial public offering, which raised $1.68bn and set a valuation the entire quantum-computing sector will now be measured against. The mechanics are straightforward. […]<br /> This story continues at The Next Web [...]
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Quantinuum filed for an IPO worth 20 billion dollars. It has 31 million in revenue and a quantum computer that does not exist yet.
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