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SpaceX showed us path to profit for quantum computing, says IQM CEO

The Next Web Wednesday, 25 June 2025 ()
SpaceX showed us path to profit for quantum computing, says IQM CEOIt is a common assumption that quantum computing is a long-term bet that may take at least a decade to turn a profit. But that’s not always the case.  At TNW Conference in Amsterdam last week, Jan Goetz, co-founder and co-CEO of Finnish quantum startup IQM, revealed his company began earning revenue much earlier — by taking a page from SpaceX’s funding playbook. “When we started, it was a classic deep tech case, and people thought revenue would be five to 10 years out,” Goetz said. “No, that’s stupid. You can make money already with these very early-stage machines.” Rather than…

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