Rigetti’s $13 Billion Quantum Leap – Stock Hits Record High on Big Deals, But Is the Hype Real?
Stock Performance: Skyrocketing to Record Highs Rigetti Computing’s stock (NASDAQ: RGTI) has been on a tear, soaring to record levels heading into October 2025. On October 6, shares opened around $40.06 – essentially at all-time highs marketbeat.com. This price is astounding given RGTI traded below $1 at its low; in fact, the 52-week range spans $0.73 to $40.63 marketbeat.com. The quantum computing optimism in 2025 turned Rigetti from a penny stock into a multi-billion dollar company virtually overnight. The rally really accelerated in September. Rigetti’s stock jumped 83–84% during September 2025 alone nasdaq.com – far outpacing other quantum peers and