EXCLUSIVE: This Stock's Up 1,300% — But CEO Says The Real Payoff's 4 Years Away
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Rigetti Computing Inc (RGTI) has seen its stock price soar over 1,300% in the past year, reaching a valuation of approximately $1 billion. However, CEO Subodh Kulkarni warns that true commercial traction is still four years away, as the company aims for scalable, fault-tolerant quantum computing solutions. Rigetti's technology is integrated with major platforms like Amazon Braket and Microsoft Azure, indicating institutional trust. Despite current volatility, the company is focused on achieving technical milestones that could position it as a leading player in the quantum computing market by 2028.
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