⚡ Breaking: Quantinuum ($QNT) begins trading on Nasdaq this morning - upsized to $1.43B raise at $53 - $55/share, up from the original $45–$50 range. Demand was that strong.
When I started writing to you on Monday about quantum computing, I told you the window to get in early was measured in weeks, not months. I didn't know how right that would turn out to be.
This morning, Quantinuum begins trading on the Nasdaq under the ticker QNT.
It is the largest quantum computing IPO in history. The deal was so oversubscribed that bankers upsized it — from 21 million shares at $45–$50 to 26.5 million shares at $53–$55.
That's not a small tweak. That's institutional money crowding in at a higher price because demand exceeded supply.
JPMorgan and Morgan Stanley ran the book. Honeywell, Nvidia, and the US government are all on the cap table.
What Happened This Week
Monday: the government's $2 billion quantum commitment.
Tuesday: IBM's $10 billion follow-through.
Thursday morning: the biggest quantum IPO in history hits the market.
In four days, the quantum sector went from an emerging theme to front-page financial news. I've been doing this for a long time, and I can tell you — when a sector accelerates this fast, the investors who were already positioned are the ones who win.
This is what the early innings of a generational investment trend looks like. Not in hindsight. Right now, as it's happening.
Tonight at 5pm ET I'm Going Live
Not just Quantinuum — but the full quantum landscape as I see it. The stocks I'm watching. The ones I think are being overlooked. The name I've been teasing all week that profits from the entire sector regardless of which hardware approach wins.
And I'm taking your questions live, which means if there's something specific you want me to address about any of this — quantum stocks, the IPO, the government plays, anything — tonight is your chance to ask it directly.
Here's exactly what I'm covering tonight:
My take on Quantinuum's first day of trading — is QNT worth buying right now or do you wait
The 3 quantum stocks I'm watching — including the one the government announcement left off the list
Why getting in early on a trend like this is the single most important variable in investing
The mystery stock I've been teasing all week — profitable, overlooked, and positioned perfectly for everything happening right now
Your questions answered live — bring them
What comes next in quantum — the two companies still lining up to go public in H2 2026
Bottom Line
This is one of those weeks I'll look back on as a turning point in a major investment trend.
Quantum went from a government announcement to a market-moving IPO in five days.
Here’s to the future,
Matt McCall
Founder, NXT Wave Research
P.S. — QNT starts trading this morning. Watch it. Then join me tonight at 5pm and I'll tell you exactly what I think about where it goes from here — and which quantum stocks I think have more upside from here than QNT does.
