The Market Is Starting To Reward FOMO More Than Fundamentals

Quantinuum is heading public with a $12.7 billion valuation after generating just $36 million in revenue last year

The IPO is reportedly being sold at a 27% premium to the last private funding round

At the same time, investors across Reddit aren’t asking what to buy next

They’re asking whether they’re already too late

The market keeps creating bigger winners

The fear of missing them is becoming more powerful than the numbers behind them

A company that lost $192 million last year is now being packaged as the next big opportunity

The gap between valuation and reality keeps getting wider

That usually ends with somebody holding the bag