IonQ (NYSE: IONQ), the first pure-play quantum computing company to go public, has emerged as a leader in trapped-ion quantum hardware with a clear roadmap to 2 million physical qubits and 80,000 logical qubits by 2030. Backed by approximately $3.5 billion in cash following a $2 billion equity offering in October 2025 and a $1.8 billion SkyWater Technology acquisition in early 2026, IonQ is executing a vertically integrated strategy that spans chip design, fabrication, packag