Particle.news
Download on the App Store

Rigetti’s 2,500% Rally Spurs Questions Over Long-Term Payoff

A tiny, early-stage market makes lofty valuations hard to justify.

Overview

  • Rigetti shares have surged about 2,500% since January 2024, leaving the company valued near $8 billion, according to new Yahoo Finance analysis.
  • Turning a $10,000 stake into $1 million would require roughly a 100x move, implying a market capitalization near $837 billion.
  • Market-size forecasts diverge sharply, with recent reports citing quantum computing revenue of about $4.2 billion to as high as $20 billion by 2030.
  • Rigetti’s most advanced systems are around 100 qubits today, with a reported goal of launching 1,000‑qubit hardware around the end of 2027.
  • Commentary warns that fault-tolerant, broadly useful quantum systems likely remain years away, leaving stretched valuations vulnerable if progress slows.