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IPO Report
This new quantum stock could debut with a valuation of nearly $13 billion
Honeywell spinoff Quantinuum is looking to raise up to $1 billion in its IPO
Last Updated: May 26, 2026 at 10:10 a.m. ET First Published: May 26, 2026 at 7:47 a.m. ETShareResize
(3 min)
The Honeywell spinoff Quantinuum has set terms for an IPO in which the quantum-computing company looks to raise up to $1 billion. Photo: Quantinuum Inc.
A new quantum-computing stock is getting closer to hitting Wall Street, as a Honeywell International spinoff named Quantinuum has set terms Tuesday for an initial public offering.
Those terms become public with quantum stocks enjoying a wave of interest, as Colorado-based Quantinuum, which bills itself as a vertically integrated quantum-computing platform, was among the quantum companies in line to receive new funding from the Trump administration of $100 million, with the government also taking a minority equity stake.
Tomi Kilgore is MarketWatch's Managing Editor, Companies, and is based in New York. You can follow him on Twitter @TomiKilgore.Show Conversation (0)Back To Top
