Overview
- Multiple outlets reported discussions about the U.S. taking stakes in IonQ, Rigetti and D‑Wave, but a Department of Commerce official denied such talks were happening.
- IonQ shares jumped to about $82 in mid‑October before sliding nearly 30% and then moving again on the equity‑stake headlines, underscoring sharp volatility.
- IonQ says it reached an algorithmic qubit score of #AQ 64 and about 99.99% two‑qubit gate fidelity using its trapped‑ion approach.
- The company’s systems are available through AWS Braket, Microsoft Azure Quantum and Google Cloud, it reported quarterly revenue of $20.7 million up 82% year over year, and Amazon disclosed a $36.7 million stake.
- Television host Jim Cramer called IonQ “a trading vehicle,” cautioning that the loss‑making company could require stock offerings as rallies fade.