Arqit Quantum: Overvalued, Hype-Driven, And With High Cash Burn (ARQQ)
Today's news about the U.S. government potentially acquiring equity stakes in major quantum companies has inspired me to update my Arqit Quantum Inc. (NASDAQ: ARQQ ) thesis. Which companies are actuallyMy primary area of concentration will be on identifying companies of exceptional caliber, with a proven ability to reinvest capital for impressive returns. Targeting those with a market capitalization of less than $10 billion, affords ample opportunities for growth. The ideal scenario is for these companies t ...