Why Infleqtion Merger Target Churchill Capital Stock Blasted 15% Higher Today
The SPAC is a vehicle for a pure-play quantum company.Special purpose acquisition company (SPAC) Churchill Capital Corp X (CCCX +15.14%) was special to investors on Tuesday. The business set to merge into it (a trendy way to go public) reported some very encouraging news, leading investors to load up on the SPAC. Its price closed the day 15% higher.A SPAC in spaceThe company maneuvering to park itself into Churchill Capital is Infleqtion, which has attracted notice as a differentiated, pure-play quantum com ...