Rigetti Computing Stock Surges

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Rigetti Computing Stock

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nascent quantum computing market

The Motley Fool

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Business

Business & Economics

Is Rigetti Computing Stock a Buy Now?

Summary

Nutrition label

79% Informative

Rigetti Computing (NASDAQ: RGTI ) has been a tough stock to hold over the past three years .

The quantum computing company went public by merging with a special purpose acquisition company ( SPAC ) on March 2, 2022 .

A $ 1,000 investment in Rigetti at its all-time low would be worth nearly $22,400 today .

But on April 2, 2025 , Rigetti 's stock trades at about $8.50 a share.

Rigetti Computing has increased its number of outstanding shares by 151% since its public debut with its secondary offerings and stock-based compensation.

That dilution should continue as it raises more cash to cover its steep losses.

It could also face tougher competition from big tech giants like Microsoft , Google , and IBM as they ramp up their development of even more powerful quantum computing chips.

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