Trump Administration May Consider Equity Acquisition in Quantum Computing Firms, Stocks Surge - WSJ Report

According to a report by The Wall Street Journal (WSJ), the Trump administration is advancing discussions to acquire stakes in several quantum computing companies in exchange for federal funding.

Sources indicate that companies such as IonQ, Rigetti Computing, and D-Wave Quantum are discussing welcoming the government as a shareholder as part of the agreement. Other companies like Quantum Computing Inc. and Atom Computing are also considering similar agreements.

Following the report, quantum-related stocks uniformly rose on the 23rd.