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Rigetti Stock Boom: Ken Griffin, Tudor Jones Land 163% Windfall In 88 Days
Benzinga· 2025-09-29 14:14
Core Insights - Rigetti Computing Inc (NASDAQ: RGTI) has experienced a significant stock surge of 162.9% since June 30, attracting attention from major investors like Paul Tudor Jones and Ken Griffin [1][3]. Investment Highlights - Paul Tudor Jones initiated a position of 905,700 shares at $11.86 per share on June 30, which has now appreciated to a value of $28.24 million, resulting in a gain of $17.5 million in just 88 days [2]. - Ken Griffin increased his stake to 1.24 million shares, also purchased at $11.86 per share, with the current value reaching $38.66 million, yielding a gain of $23.96 million, reflecting the same 162.9% upside as Tudor's investment [3]. Company Performance - Rigetti's quantum computing hardware and cloud solutions are positioned to potentially redefine computing infrastructure in the coming years, despite experiencing volatility with a year-to-date decline of 55.9% and a 92% drop in the past month [4]. - The combined investment of approximately $25.45 million from Tudor and Griffin has escalated to $66.9 million in under three months, highlighting the explosive upside potential of small-cap, disruptive technology investments [5].