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Should You Forget Rigetti Computing and Buy This Millionaire-Maker Stock Instead?
The Motley Foolยท2025-03-24 10:00

Nvidia looks like a more reliable investment than this quantum computing darling.Rigetti Computing (RGTI 0.50%) took investors on a wild ride since its public debut three years ago. The quantum computing company went public by merging with a special purpose acquisition company (SPAC), and its stock opened at $9.75.But by May 3, 2023, its stock sunk to an all-time low of $0.38. Like many other SPAC-backed start-ups, Rigetti overpromised and underdelivered. It only generated $13 million in revenue in 2022, co ...