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British founder Ilyas Khan of quantum computing firm Quantinuum becomes billionaire after record IPO
Quantinuum founder Ilyas Khan has become a billionaire after the quantum computing firm's Nasdaq debut valued the company at more than $15.6 billion. The U.S.-U.K.-based startup raised $1.68 billion in its June 3 debut, the largest stock market listing by a quantum computing company to date, valuing Khan's stake at approximately $2.2 billion, Forbes reported. Quantinuum sold 28 million shares at $60 each in the offering. The stock opened at $58 on June 9. Khan, 64, owns about
Jun 122 min read
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