May. 9 at 6:36 PM
Quantum IPO watch just got real.
Quantinuum — majority owned by
$HON — is finally stepping toward public markets under ticker
$QNT. This isn’t a rumor cycle anymore, it’s filing-stage reality.
Last private mark: ~
$10B (end of last year).
IPO talk: raising ~
$1.5B at a
$15B–
$20B valuation range.
Financials still early-stage but scaling:
2025: ~
$31M revenue, -
$193M loss
2024: ~
$23M revenue, -
$144M loss
On paper, it’s still pre-profit heavy R&D burn. But the market story isn’t earnings — it’s positioning. Quantum remains a long-duration asymmetric bet, and
$HON finally gets a path to monetize what’s been a hidden optionality asset.
Comparisons with
$RGTI $QUBT $IONQ will heat up fast once pricing drops. This is the first true “institutional quantum” IPO moment.
Curious about the full approach?👉 Check the @MeanReverter_
