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Rigetti, Joby, QuantumScape — Meet The $0 Revenue Moonshots
Benzinga· 2025-10-16 15:23
Core Insights - The article discusses the emergence of companies in the "Zero-Dollar Club," which includes Rigetti Computing, Joby Aviation, and QuantumScape, all of which have high valuations despite not generating traditional revenue [1][5]. Company Summaries Rigetti Computing - Rigetti is focused on quantum computing and has not yet generated traditional revenue, but it has a market cap exceeding $17 billion and a year-to-date stock rally of 220% [2]. Joby Aviation - Joby is developing electric air taxis and currently has no commercial flights generating revenue. Its market cap is over $15 billion, with a year-to-date stock increase of 115% [3]. QuantumScape - QuantumScape is a battery startup aiming to produce solid-state EV cells, with a valuation around $9.7 billion. The company has not yet generated revenue, but investor interest in next-gen batteries is driving its stock price [4]. Investor Sentiment - The common thread among these companies is the investor preference for potential future profits over current financial performance, leading to significant stock price volatility and high valuations [5].
X @Ansem
Ansem 🧸💸· 2025-07-02 12:43
RT Ansem (@blknoiz06)accept that the permissionless nature of crypto is what attracts both the worst & smartest people in the world simultaneously - and the former being present on a day to day basis does not prevent the latter from also being presentacknowledge that asset prices are not fully reflective of the transformative nature of the underlying technology, & the speculative aspect can overshadow the necessary incremental improvements happening under the hood - price of eth or sol does not fully captur ...