Rigetti Stock: Trading Rigetti Computing Share Price

Rigetti is one of the most notable companies involved in the development of quantum computing technology, a field that is extremely sought after and worth considering.

As such, given this company's importance in the tech industry, many traders and investors may be interested in trading Rigetti and potentially benefitting from its price swings.

In this article, we cover Rigetti, what it does, and how you can trade it with Plus500's contracts for difference (CFDs).

TL;DR

• Rigetti is a US-based quantum computing company focused on quantum integrated circuits and cloud-based quantum programming tools.
• Rigetti was founded in 2013 by physicist and former IBM student Chad Rigetti.
• Key Milestones:
  • 2014: Emerged from Y Combinator as a "spaceshot" startup.
  • 2016: Built its first quantum processor.
  • 2022: Merged with a SPAC and went public on Nasdaq.
  • 2023: Released its single-chip 84-qubit quantum processor.
• Price History Highlights:
  • IPO (Mar 2022): $9.75
  • All-time low (May 2023): $0.36
  • 52-week low (Sept 2024): $0.66
  • All-time high (Jan 2025): $21.42 (following Google's "Willow" chip launch)
• You can trade Rigetti share price movements using CFDs via platforms like Plus500, taking advantage of both rising and falling markets.

What Is Rigetti?

Rigetti Computing is a quantum computing company specialising in the creation of quantum integrated circuits and cloud solutions for programmers to write quantum algorithms.

It is headquartered in Berkeley, California, and was established in 2013 by physicist and IBM graduate Chad Riggeti.

Rigetti's History

• 2013: Rigetti was founded by Chad Rigetti.
• 2014: Rigetti emerged from the incubator Y Combinator in 2014 as a so-called "spaceshot" company.
• 2016: Rigetti's first quantum processor was created.
• 2022: Rigetti merged with a SPAC company, went public, and began trading on the Nasdaq stock exchange.
• 2023: Rigetti's single-chip 84-qubit quantum processor was launched.

Rigetti's Price History

• March 2022: Rigetti traded at $9.75 after its IPO.
• 4 May 2023: Rigetti hit an all-time low of $0.36 after CEO and president Chad Rigetti unexpectedly resigned from the company in December 2022, and the company missed its pre-merger estimates.
• 9 September 2024: Rigetti plummeted to a 52-week low of $0.66 on market sentiment.
• 5 January 2025: Rigetti hit an all-time high of $21.42 following Google's announcement of a new quantum chip, "Willow," which increased the hype around quantum computing stocks.

Trading Rigetti Stock

If you're interested in potentially benefiting from both rising and falling Rigetti prices, you can explore trading Rigetti with Plus500's share CFDs. These CFDs provide leveraged trading, which can increase both potential gains and losses, in a plethora of financial markets without needing to own the underlying assets.

Conclusion

Rigetti is one of the pioneering forces in the field of quantum computing, and its journey from a Y Combinator startup to a Nasdaq-listed company reflects the rising global interest in this transformative technology. With its ambitious roadmap and recent advancements, Rigetti continues to attract attention from investors and traders alike. Whether you believe in the longer-term potential of quantum computing or are looking to trade on short-term volatility, Rigetti is a stock that may be worth watching. CFDs via platforms like Plus500 offer a flexible way to engage with these price movements without owning the shares directly.

If Rigetti's stock piqued your interest, you can trade Rigetti CFDs with Plus500!