IonQ (IONQ) Falls Hard on $2 Billion Share Sale

We recently published 10 Stocks Hammered Harder than Wall Street. IonQ Inc. (NYSE:IONQ) is one of the worst performers on Tuesday.

IonQ dropped its share prices by 5.53 percent on Tuesday to close at $77.55 apiece after successfully raising $2 billion from a share sale program that resulted in the dilution of existing stocks.

In a statement late last week, IonQ Inc. (NYSE:IONQ) said the program covered 16.5 million shares at a price of $93 apiece, pre-funded warrants to purchase more than 5 million shares for the same offer price, which represented a 20 percent premium over its closing price on October 9, 2025.

Additionally, IonQ Inc. (NYSE:IONQ) offered seven-year warrants to buy 43 million additional shares at $155 each if the stock goes that high by the maturity date.

“This investment provides an opportunity for the IonQ team to continue to grow and expand our ecosystem. IonQ is one of the only quantum companies in the world capable of delivering advanced computing, networking, and sensing solutions across every theatre—on the ground, in the air, and in space,” IonQ Inc. (NYSE:IONQ) Chairman and CEO Niccolo de Masi said.

“With our accelerated technology roadmap, world-renowned talent, and robust net cash position, we have strengthened our unique position. We believe this is the largest common-stock single-institutional investment in the history of the quantum industry. This $2 billion cash investment will facilitate our global growth and accelerate our quantum commercialization worldwide.”

While we acknowledge the potential of IONQ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.