TECHNOLOGYBLOOMBERG
Honeywell-Backed Quantinuum Shares Jump 13% After Upsized IPO
Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., raised $1.68 billion in an upsized US initial public offering. The IPO led to a 13% jump in the company’s shares, reflecting growing investor enthusiasm for quantum computing technology.
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- Honeywell-Backed Quantinuum Raises $1.68 Billion in Upsized IPO
- Quantinuum raises $1.68 billion in IPO that seeks to give quantum computing more street cred
- This new quantum stock could debut with a valuation of nearly $13 billion
- US government takes $2 billion equity stake in nine quantum computing firms
- Honeywell-Backed Quantinuum Boosts IPO Target to $1.46 Billion
- Nvidia’s New AI Models Spark Rally in Quantum Computing Stocks