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Infleqtion Merges with SPAC, Valued at $1.8 Billion

9/9/2025

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Summary

Story summary

Infleqtion, a quantum computing firm, will merge with Churchill Capital Corp. X, led by Michael Klein.
The merger values Infleqtion at $1.8 billion pre-money, marking Klein's 10th SPAC.
This deal aims to accelerate the commercialization of Infleqtion's quantum products.
It is expected to generate over $540 million for the company.
Institutional investors include Maverick Capital, Counterpoint Global, and Glynn Capital.

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Story summary

Infleqtion, a quantum computing firm, will merge with Churchill Capital Corp. X, led by Michael Klein.
The merger values Infleqtion at $1.8 billion pre-money, marking Klein's 10th SPAC.
This deal aims to accelerate the commercialization of Infleqtion's quantum products.
It is expected to generate over $540 million for the company.
Institutional investors include Maverick Capital, Counterpoint Global, and Glynn Capital.