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Glen Gilmore reports that Honeywell's Quantinuum has raised $1.68 billion in a U.S. initial public offering as interest in quantum computing continues to increase.
The development signals growing investor confidence in the sector, according to Reuters.
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Gilmore previously reported that Elon Musk could become the first trillionaire if SpaceX achieves its IPO goal. He has also covered Peter Thiel's lead investment in a $1 billion ocean data center startup. These earlier developments show continued activity among major technology investors.