The Zhitong Finance App learned that on Monday, IonQ (IONQ.US) plummeted by nearly 10% in early trading and is now at $36.12. According to the news, quantum computing company IonQ has agreed to acquire Elisity on an all-stock basis for up to $1.3 billion in an attempt to expand its cybersecurity platform to protect against AI-assisted attacks and emerging quantum threats. The Maryland-based company said in a statement on Monday that Elisity is a rapidly growing enterprise security company that will complement IonQ's expanding quantum security product line; the $1.3 billion consideration includes a performance gamble of up to $150 million.

The analysis points out that although the company claims that this move will expand its cybersecurity platform and deal with security threats posed by big language models and quantum computing, the full share acquisition format and high valuation premiums have raised market concerns about potential shareholding dilution.

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