Quantinuum's British Founder Becomes Billionaire After $15 Billion IPO

Quantinuum raised $1.68 billion in an IPO last week, the largest for a quantum startup, valuing it at over $15.6 billion. Founder Ilyas Khan, who owns about 15%, is now worth $2.2 billion. The Honeywell-backed company sold 28 million shares at $60 each on June 3.