Rigetti (RGTI) Stock Rockets 5,000% on Big Quantum Deals — Bubble Warning Looms
Record Run and Sharp Reversal In 2025 Rigetti’s stock became one of the year’s wildest stories. As of Oct. 19, RGTI trades in the mid-$40s, having earlier hit an all-time high ~$56.34 on Oct. 15 ts2.tech. That marked roughly a 50‑fold gain over its price a year earlier – a staggering climb fueled by “quantum computing fever,” as TechStock² (TS2) reports ts2.tech. In one week RGTI rocketed from the mid-$40s to the mid-$50s, including a single-day surge of ~25% on Oct. 13 ts2.tech. This frenzy put Rigetti’s market cap at roughly $17B (again, on single-digit millions in revenue) ts2.tech. Investors piled in on