The Hype and BS Behind QUBT Stock: what's driving the price and if it's a trap

So, let me get this straight. The same government that can’t run a DMV is now playing venture capitalist with quantum computing, a technology so complex that even its biggest proponents admit it might be decades away from being useful. And the market’s reaction? To pump these stocks up by thousands of percent.

I watched the tickers flash green on my screen—Rigetti up 15%, D-Wave up 16%, IonQ up 14%—all in a single night. A sea of frantic, hopeful green. This isn't investing. This is a state-sponsored trip to the casino, and we're all being forced to pay for the chips.

The Government's Shiny New Toy

The news dropped like a ton of bricks: The Trump administration is in talks to buy pieces of IonQ, Rigetti, D-Wave, and a few other quantum darlings. For a measly $10 million a pop, the U.S. government gets equity, a seat at the table, and a chance to prove it knows how to pick winners in the most speculative tech sector on the planet.

This is a bad idea. No, 'bad' doesn't cover it—this is a five-alarm dumpster fire of industrial policy. We already saw this playbook with the CHIPS Act, where they converted billions in grants into a 10% stake in Intel. Now they’re doing it again, but with companies that, in some cases, have almost zero revenue. Quantum Computing Inc. (QUBT) pulled in a whopping $60,000 last quarter. My neighbor’s Etsy shop probably clears that. And this is the company the goverment wants to back with your money?

This whole thing feels like the government is a dad in a mid-life crisis who just discovered crypto. Instead of buying a sports car, he’s throwing the family savings at anything with "quantum" in its name, hoping to look cool and relevant. They're not investing in a strategic asset; they're gambling on a buzzword. What expertise does some bureaucrat at the Commerce Department have to evaluate the viability of trapped-ion processors versus superconducting qubits? Are we really supposed to believe they can tell the difference between a revolutionary technology and a glorified PowerPoint presentation?

The whole thing is just... insane. You have headlines screaming Trump Seeks a Slice of the Quantum Pie: Stocks Rocket as Govt Eyes IonQ, Rigetti, D-Wave Stakes, and Wall Street analysts, the same people who can’t predict the price of oil next week, slapping "Strong Buy" ratings on these stocks with price targets that look like lottery numbers. Ascendiant Capital thinks QUBT, a company with negligible revenue, is going to soar 118% to $40 a share. B. Riley says IonQ is headed for $100. It’s a collective delusion fueled by cheap money and the fear of missing out on the "next big thing."

But what happens when the government, with its infinite capacity for bureaucratic meddling, actually becomes a shareholder? Do these companies now have to prioritize political goals over innovation? Does their IP suddenly become a bargaining chip in some trade deal? This isn't a partnership; it's a leash.

Follow the Insiders, Not the Hype

While retail investors are drooling over these gains and analysts are screaming "BUY!", let’s take a quiet look at what the people inside these companies are doing. It’s a funny thing. When a company is supposedly on the verge of changing the world, you’d expect the executives and directors to be holding onto their shares for dear life.

But look at Quantum Computing Inc. Just last month, before this government gravy train was announced, two of its directors were dumping stock like it was on fire. Javad Shabani sold over half his position. Robert Fagenson sold off 41% of his. In total, insiders at QUBT sold nearly $17 million worth of stock in the last 90 days.

So, who should you believe? The Wall Street analyst with a spreadsheet or the director who is sprinting for the exits? It ain't a hard question.

The corporate-speak is just as telling. QUBT’s CEO called the government funding talks "exciting." Offcourse it's exciting—it's free money with no real accountability. D-Wave’s spokesperson talked about giving taxpayers "a return on investment." Give me a break. The only return taxpayers are going to see is another line item in the national debt.

This whole episode is a perfect storm of political ambition, market mania, and technological hype. The government wants to look tough on China, investors want to get rich quick, and these companies are more than happy to take the cash and keep the dream alive. It’s like a giant game of musical chairs, but the chairs are made of vapor and the music is just the sound of a stock bubble inflating.

And maybe I’m the crazy one here. Maybe this time it’s different. Maybe this quantum revolution is real and just around the corner, and the government's ten million dollar bet will turn into trillions. Then again, maybe it’s just another dot-com bust waiting to happen, only this time, the crash will be underwritten by you and me.

It's a Bubble, You Fools

Look, I don't know if quantum computers will be solving climate change in five years or if they'll still be a lab experiment in fifty. Nobody does. But I do know a government-fueled stock market bubble when I see one. We're not investing in the future of technology here; we're betting on the government's ability to keep the hype machine running. Insiders are cashing out while the public is piling in, all based on a press release. If that doesn't scream "top of the market," I don't know what does. This won't end well. It never does.