Becoming a millionaire with a $10,000 investment in IonQ is difficult
IONQ IonQ Inc
$34.99 -0.99%
View chart & analysis → - 1To reach its target enterprise value of $1 trillion, IonQ must exceed $40 billion in required revenue.
- 2Generating a 100-fold return from IonQ's current $10 billion enterprise value is very difficult.
- 3Investing more than 1% of an entire portfolio in IonQ is very risky.
So what's the key point?
IonQ needs revenue to exceed $40 billion to reach its target value. It is difficult to see a 100-fold return from its current size, and investing more than 1 percent of total assets is risky.
Source The Motley Fool +1 · View original ↗
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