Reported about 9 hours ago
Infleqtion, a quantum computing startup, is set to go public via a merger with Churchill Capital Corp X, a SPAC led by Michael Klein, valuing the company at $1.8 billion. The deal is expected to provide Infleqtion with over $540 million, aiding in product development and expansion in areas like AI and national security. The combined entity will trade under the ticker 'INFQ' and is anticipated to finalize the deal by early 2026.
Source: YAHOO