IonQ, Rigetti, D-Wave surge on report of Trump administration quantum equity talks

Published 2 weeks ago Positive
IonQ, Rigetti, D-Wave surge on report of Trump administration quantum equity talks
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[Quantum Computing Logistics, Quantum Physics, Quantum mechanics]
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Quantum computing stocks rose sharply in premarket trading on Thursday after reports emerged that the Trump administration is negotiating equity stakes in several key firms.

Companies including IonQ (NYSE:IONQ [https://seekingalpha.com/symbol/IONQ]), Rigetti Computing (NASDAQ:RGTI [https://seekingalpha.com/symbol/RGTI]), and D-Wave Quantum (NYSE:QBTS [https://seekingalpha.com/symbol/QBTS]) are discussing the government becoming a shareholder as part of agreements to get funding earmarked for promising technology companies, the _Wall Street Journal_ reported.

The move signals the Trump administration's expanding interventions in what it sees as critical segments of the economy.

Other companies, such as Quantum Computing (NASDAQ:QUBT [https://seekingalpha.com/symbol/QUBT]) and Atom Computing, are also considering similar arrangements, the report said.

In premarket activity, IonQ (NYSE:IONQ [https://seekingalpha.com/symbol/IONQ]) rose 14.3%, Rigetti Computing (NASDAQ:RGTI [https://seekingalpha.com/symbol/RGTI]) 13.8%, D-Wave Quantum (NYSE:QBTS [https://seekingalpha.com/symbol/QBTS]) 13.6%, Arqit Quantum (NASDAQ:ARQQ [https://seekingalpha.com/symbol/ARQQ]) +11.7%, and Quantum Corp (NASDAQ:QMCO [https://seekingalpha.com/symbol/QMCO]) +12.7%.

_Updates story to add premarket stock movement. _

MORE ON IONQ, RIGETTI COMPUTING, ETC.

* IonQ: Is Falling Behind Its Competitors While Being Completely Overvalued [https://seekingalpha.com/article/4830968-ionq-is-falling-behind-its-competitors-while-being-completely-overvalued]
* Rigetti Computing: Cloud Castle With Ground-Level Reality [https://seekingalpha.com/article/4830068-rigetti-computing-cloud-castle-with-ground-level-reality]
* Rigetti Computing: Here's What Needs To Happen For Its Valuation To Make Sense [https://seekingalpha.com/article/4829720-rigetti-computing-heres-what-needs-to-happen-for-its-valuation-to-make-sense]
* IonQ rises as it hits new quantum computing world record [https://seekingalpha.com/news/4505888-ionq-rises-as-it-hits-new-quantum-computing-world-record]
* D-Wave Quantum rises as it looks to streamline capital structure, redeem 5M warrants [https://seekingalpha.com/news/4505582-d-wave-quantum-rises-as-it-looks-to-streamline-capital-structure-redeem-5m-warrants]