# Honeywell's Quantinuum is targeting a valuation of up to $14.3 billion in ‌its upsized U.S. initial public offering.

*genai · news · 2026-06-01 · The Star*

## Key points

- Quantinuum increased its IPO fundraising target to $1.46 billion from $1.05 billion.
- The company raised its share offering from 21.1 million to 26.5 million shares.
- Quantinuum's IPO price range has been raised to $53-$55 per share.
- The targeted valuation for Quantinuum's IPO is now up to $14.3 billion.

June 1 (Reuters) - ⁠Honeywell's Quantinuum is targeting a valuation ⁠of up to $14.3 billion in ‌its upsized U.S. initial public offering, underscoring robust investor appetite around quantum computing. The Broomfield, Colorado-based ​company is now seeking ⁠up to $1.46 billion ⁠by marketing 26.5 million shares priced between $53 ⁠and $55 ‌apiece, it said on Monday. It had earlier aimed to ⁠raise up to $1.05 billion by offering ​about ‌21.1 million shares priced between $45 and $50 ⁠apiece. June is ​poised for a busy start to the IPO market as firms look ⁠to capitalize on strong ​market conditions ahead of SpaceX's blockbuster listing, with seven companies spanning from defense ⁠to energy sectors set to price their offerings this week. J.P. Morgan and Morgan Stanley are joint lead active ​book-running managers for the ⁠Quantinuum offering. Quantinuum is expected to list ​on the Nasdaq under ‌the symbol "QNT" on Thursday. (Reporting ​by Arasu Kannagi Basil in Bengaluru; Editing by Shailesh Kuber)

**Companies:** Honeywell, Quantinuum
**Countries:** United States

[Read the full story on The Star](https://www.thestar.com.my/tech/tech-news/2026/06/01/honeywell039s-quantinuum-eyes-143-billion-valuation-in-upsized-us-ipo)

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