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Rigetti Computing Stock Volatility Amid Unconfirmed Government Equity Talks

Rigetti Computing Stock Volatility Amid Unconfirmed Government Equity Talks

Author:

Global Cryptocurrency

Published:

2025-10-24 11:57:02

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BTCCSquare news:

Rigetti Computing's shares surged 16.4% following a Wall Street Journal report suggesting the TRUMP administration was considering equity stakes in quantum computing firms, including Rigetti. The rally pared to a 6.5% gain after Reuters and Yahoo Finance failed to corroborate the claims.

A U.S. Commerce Department official denied ongoing negotiations, contradicting the WSJ's assertion of minimum $10 million funding awards. Rigetti confirmed continuous government engagement but provided no specifics. Market reactions highlight the sensitivity of quantum computing stocks to policy speculation.

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