All public quantum computing co's are narrative driven retail speculation vehicles. I don't think the US government has any intention of gaining an equity stake in these public quantum companies. I believe the article you are referring to was completely fictitious and orchestrated solely to promote these stocks. The fact that the stock was down from that point 1 or 2 days after the article shows that the hype cycle is dying. Retail liquidity that is this speculative gets drained over time as more speculative stocks enter the picture, retail loses money on other stocks (e.g. $BYND), and the momentum dies. Further, $1.5B worth of $IONQ stock is likely to dump onto the market mid-December. This should create immense downward pressure in a stock whose momentum died several weeks ago.
Thank you for your insightful and in-depth analysis of quantum computing stocks; it was truly enlightening for me.
You are very welcome! Thank you for reading.
All public quantum computing co's are narrative driven retail speculation vehicles. I don't think the US government has any intention of gaining an equity stake in these public quantum companies. I believe the article you are referring to was completely fictitious and orchestrated solely to promote these stocks. The fact that the stock was down from that point 1 or 2 days after the article shows that the hype cycle is dying. Retail liquidity that is this speculative gets drained over time as more speculative stocks enter the picture, retail loses money on other stocks (e.g. $BYND), and the momentum dies. Further, $1.5B worth of $IONQ stock is likely to dump onto the market mid-December. This should create immense downward pressure in a stock whose momentum died several weeks ago.
Further, the only government contribution to quantum is in legitimate research labs https://x.com/ENERGY/status/1985749303848063411, as it should be.