Which company will the U.S. government take a stake in next?

The recent surge in quantum stocks has caught the attention of traders and investors alike, following news that the U.S. government has taken equity stakes in nine companies, including IBM. President Donald Trump’s administration’s continued acquisition of shares in private sector companies has sparked speculation about which company might be next on the government’s shopping list.

According to traders on the prediction market platform Kalshi, IonQ is a top contender for a government stake in 2026, with a 32% probability. IonQ, a quantum computing company that was not included in the recent government announcement, saw its stock rise by over 12% on the news, followed by a 7% increase the next day.

Another company that traders are eyeing for a potential government stake is Anduril Industries, with a 31% likelihood. Anduril, a California-based defense technology company, recently doubled its valuation to $61 billion after unveiling a new funding round. The company has collaborated closely with the Trump administration on projects such as the “Golden Dome” missile defense system.

Micron Technology is also on the radar, with traders assigning a 28% chance of a government stake. The company’s stock has surged by more than 160% in 2026 due to a memory shortage driven by the artificial intelligence buildout.

It is worth noting that previous reports of the government considering a stake in Micron did not materialize, as the White House stated that it would not seek stakes in chip companies increasing investment in the U.S. Representatives for Micron, Anduril, and IonQ were not immediately available for comment on the speculation.

In conclusion, the government’s interest in acquiring stakes in private sector companies has led to increased market speculation and volatility. Traders and investors will be closely monitoring developments to see which companies may be next in line for a government stake.

Disclosure: CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment.