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DMYI's Niccolo de Masi on Quantum Computing & IonQ

The CEO of dMY Technology Discusses IonQ, its growth prospects, and why they think it is a can't miss opportunity.

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We previously spoke with dMY CEO Niccolo de Masi on all things SPACs. He joins us again for a deep dive into quantum computing company IonQ, which is set to go public via their 3rd SPAC vehicle, dMY Technology Group Inc. III (DMYI). IonQ is sporting a $1.4B EV valuation on projected $522M in revenue for 2026. In case you missed it, IonQ reported a tripling of 2021E bookings from $5M to $15M a couple of weeks ago. 

Have a listen. 

dMY Technology Group Inc. III (DMYI) / IonQ Details

Vote Date: September 28, 2021
Trust Size: $300M
EV: $1.4B
PIPE: $350M: Fidelity Management & Research Company, Silver Lake, Breakthrough Energy Ventures, MSD Partners, Hyundai Motor Company and Kia Corporation

Investor Deck: Here

dMY's two other de-SPACs, Genius Sports and Rush Street Interactive, have been surefire winners. Keep an eye out for dMY. 

dMYI shares are hovering around $10

dMYI shares are hovering around $10

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(Disclaimers: this is not investment advice. The author may be long one or more stocks mentioned in this report.)

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