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Posted by
Two Blokes May 23 -
Filed in
Stock
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4 views
IonQ, Inc.'s new CEO aspires to make the company the "Nvidia of quantum computing," but current fundamentals don't justify such lofty valuations. The company quietly hiked the projected 2025 adjusted EBITDA loss by 35%, without a corresponding rise in revenue guidance. IonQ made 2 acquisitions, quietly issuing over 24 million shares valued at $1.2 billion.
