Earlier today, it was reported by the WSJ, that the Trump administration is in talks to take equity stakes in quantum computing firms. However, Yahoo finance is now reporting that that does not necessarily reflect the Trump administration’s current plans.
The WSJ reported that the Trump administration is in discussions to take equity stakes in several quantum-computing firms in exchange for federal funding, part of a broader effort to increase U.S. government involvement in strategic industries. Companies included in IonQ, Rigetti Computing, and D-Wave Quantum .
Following the report, quantum-computing stocks rallied sharply, with
- D-Wave currently up 15.9%
- IonQ up 10.05%
- Rigetti up 11.43%
- Quantum Computing up 8.07%
Yahoo Finance is now reporting that the proposed deals are not necessarily something the Trump administration is considering. They say that the White House has been approached with offers for the administration to take equity stakes for cash. However the president wants to get a good return for the taxpayer.
What may be under consideration would be warrants or loans that may not necessarily be with the company’s mentioned in the article.
Whatever the arrangement, I will be the last to know.
