Norway’s, Sovereign

Norway’s Sovereign Wealth Fund Bets Big on IonQ Amid a Rough Patch

13.02.2026 - 16:21:04

IonQ’s stock has been under pressure this year, sliding roughly 33% as investors wrestle with a wave of negative headlines. In a surprising counter current to the prevailing mood, Norway’s sovereign wealth fund, Norges Bank, has stepped in with a substantial investment, reportedly around $200 million, signaling confidence in the quantum computing firm despite the turmoil.

Norway’s Sovereign Wealth Fund Bets Big on IonQ Amid a Rough Patch - Foto: über boerse-global.de
Norway’s Sovereign Wealth Fund Bets Big on IonQ Amid a Rough Patch - Foto: über boerse-global.de

Short-seller claims and company response

The stock’s weakness has been amplified by a scathing report from short-seller Wolfpack Research issued on February 4, 2026. The firm contends that IonQ misrepresented the sources and reliability of its revenues, with a particular focus on contracts tied to the Pentagon. IonQ’s management rejected the allegations as inaccurate and misleading, and the leadership reiterated Read more...

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