According to @KobeissiLetter, quantum computing stocks rallied after Rigetti (RGTI) said it is in ongoing talks with the U.S. government regarding quantum funding, prompting a theme-wide surge driven by headline flow (source: @KobeissiLetter on X, Oct 23, 2025). The same source notes a rapid sequence of conflicting reports in the past 12 hours: The Wall Street Journal reported the Trump administration is taking a stake, Yahoo Finance disputed the WSJ report, and Rigetti’s update aligns with the WSJ narrative by confirming talks, while no funding amounts or timelines were disclosed in the cited post (sources: @KobeissiLetter summarizing WSJ, Yahoo Finance, and Rigetti’s statement).

According to @KobeissiLetter, Yahoo Finance reports the Trump Administration is not in talks to take stakes in quantum computing companies, reversing the earlier narrative for traders monitoring quantum equities, source: Yahoo Finance via @KobeissiLetter. According to @KobeissiLetter, this headline directly contradicts a Wall Street Journal report roughly 12 hours earlier that said the administration was in talks, source: Wall Street Journal via @KobeissiLetter. According to @KobeissiLetter, quantum computing stocks are paring gains on the update, indicating a swift risk-repricing in the theme, source: @KobeissiLetter. According to @KobeissiLetter, the report does not cite any crypto-specific policy changes, implying no direct digital asset angle in the headline itself, source: Yahoo Finance via @KobeissiLetter.

According to @KobeissiLetter, a Trump-linked investment portfolio is reportedly outperforming almost all hedge funds, with every investment up at least 80%, two nearing 150%, and an estimated total value around 17.2 billion dollars, excluding not-yet-included quantum computing stocks; source: The Kobeissi Letter on X, Oct 23, 2025. For crypto traders, research has documented periods of positive co-movement between equities and digital assets, meaning pronounced equity risk-on phases have historically coincided with higher beta in BTC and ETH, which is relevant context when monitoring cross-asset sentiment; source: International Monetary Fund blog Crypto Prices Move With Stocks Now, Jan 2022, and Bank for International Settlements Bulletin Crypto shocks and spillovers, 2022. The post provides no tickers, position sizes, or audited performance details, so traders should treat the figures as a single-source claim pending further disclosures; source: The Kobeissi Letter on X, Oct 23, 2025.

According to @nic__carter, after the Trump-Intel deal he identified IBM as the next candidate given quantum computing’s national security framing and disclosed long positions in RGTI and IONQ, noting both were heavily sold last week. Source: @nic__carter on X, Oct 23, 2025. The U.S. government has formally prioritized quantum and post-quantum cryptography, with NIST standardizing algorithms such as CRYSTALS-Kyber and Dilithium and the NSA issuing the CNSA 2.0 migration roadmap, signaling sustained federal demand and potential contracting tailwinds for quantum leaders like IBM. Source: NIST; NSA CNSA 2.0; White House NSM-10 (2022). For traders, the positioning aligns IBM, RGTI, and IONQ with policy-driven catalysts while also flagging a crypto-security overhang, as BTC and ETH rely on ECDSA that is not quantum-safe under current standards guidance, making quantum headlines directly relevant to crypto risk pricing. Source: NIST; NSA CNSA 2.0.

According to @KobeissiLetter, quantum computing stocks rallied nearly 20 percent across the board within hours following a rough session tied to Google’s Willow Chip announcement, signaling a rapid shift in sentiment. Source: @KobeissiLetter on X, Oct 23, 2025. According to @KobeissiLetter, the Trump Administration is preparing equity stakes in quantum stocks, presenting a policy-driven catalyst for the sector. Source: @KobeissiLetter on X, Oct 23, 2025. According to @KobeissiLetter, this marks a notable turn in AI and quantum market tone, with the AI revolution heating up, though no direct cryptocurrency impact was specified. Source: @KobeissiLetter on X, Oct 23, 2025.

According to @KobeissiLetter, shares of IonQ, ticker IONQ, and other large quantum computing stocks surged over 14% on news that the Trump Administration is in talks to take stakes in several quantum computing companies. Source: @KobeissiLetter on X, Oct 23, 2025. The report highlights a sector-wide rally tied to potential U.S. government equity participation but does not name specific companies or provide a timeline. Source: @KobeissiLetter on X, Oct 23, 2025. The post did not reference any direct impact on cryptocurrency markets. Source: @KobeissiLetter on X, Oct 23, 2025.

According to @StockMKTNewz, the Trump administration is in talks for the U.S. government, through the Commerce Department, to take equity stakes in quantum-computing firms in exchange for federal funding, with minimum awards discussed at $10 million per company, citing the Wall Street Journal. According to @StockMKTNewz, companies named in the discussions include IONQ (IONQ), Rigetti (RGTI), D-Wave Quantum (QBTS), Quantum Computing Inc. (QUBT), and Atom Computing, citing the Wall Street Journal. According to @StockMKTNewz, this policy backdrop intersects with crypto-security considerations because quantum computing is recognized as a threat to classical public-key cryptography used by blockchains such as Bitcoin and Ethereum, and NIST has published post-quantum cryptography standards to address these risks, citing NIST and Bitcoin.org.

According to @KobeissiLetter, The Wall Street Journal reports the Trump Administration is in talks to take stakes in several quantum computing companies, including IonQ (IONQ), Rigetti Computing (RGTI), and D-Wave Quantum (QBTS). According to @KobeissiLetter, the companies explicitly named in The Wall Street Journal reporting are IONQ, RGTI, and QBTS, with no deal terms or timing disclosed in the post. According to The Wall Street Journal as cited by @KobeissiLetter, this headline places the named tickers in focus while traders await the primary report’s details on any stake structure and scope.

According to @stocktalkweekly, the Wall Street Journal reported that the U.S. Commerce Department is in talks to take equity stakes in quantum-computing companies in exchange for federal funding, with minimum awards discussed at $10 million per company (source: Wall Street Journal via @stocktalkweekly). The companies in discussions include IonQ (IONQ), Rigetti Computing (RGTI), and D-Wave Quantum (QBTS), while Quantum Computing Inc. (QUBT) and Atom Computing are considering similar arrangements (source: Wall Street Journal via @stocktalkweekly). The report describes the move as an expansion of the Trump administration’s intervention in critical technology sectors and notes other technology firms are expected to compete for the funding (source: Wall Street Journal via @stocktalkweekly).

According to Charles Edwards, quantum-related stocks were the only segment that rallied yesterday again, showing concentrated momentum in the theme. Source: Charles Edwards on X, Sep 17, 2025. He reports the Q4 quantum basket is up 35 percent over the last 4 days. Source: Charles Edwards on X, Sep 17, 2025. He also notes IONQ gained 41 percent in the same 4-day period. Source: Charles Edwards on X, Sep 17, 2025.

According to @StockMarketNerd, IONQ, RGTI, and QBTS collectively hold roughly $25B in market capitalization and are expected to generate $122M in total 2025 revenue (source: @StockMarketNerd). Based on @StockMarketNerd’s figures, that implies an aggregate forward price-to-sales ratio of about 205x for the trio, a core valuation input for trade setup and risk calibration (source: @StockMarketNerd). Using @StockMarketNerd’s numbers, revenue density equates to roughly $4.88M per $1B of market cap, offering a simple benchmark to track any 2025 guidance changes against the current valuation (source: @StockMarketNerd). The source does not cite any direct cryptocurrency market linkage for these quantum computing names (source: @StockMarketNerd).

According to Eric Balchunas, the newly launched IONX 2x leveraged ETF, which tracks quantum computing company IONQ, spiked 73% today and has risen 220% since its debut, backed by $250 million in trading volume – 10 times its average and ranking in the top 3% among all ETFs (source: Eric Balchunas on Twitter, May 22, 2025). IONQ has positioned itself as the 'Nvidia of quantum computing,' and this explosive volatility is drawing the attention of both equity and crypto traders. The surge in trading activity and high volatility in IONX could signal increased institutional interest in quantum computing assets, which is likely to spill over to related crypto sectors, especially quantum-resistant blockchain projects. Traders should monitor quantum tech news for potential momentum shifts in crypto markets.

According to @ModestProposal1, several pure-play quantum computing stocks are currently trading at valuations of 50 times their projected 2028 sales, with only a slight chance of achieving adjusted EBITDA profitability by 2030 (source: @ModestProposal1 on Twitter). These extreme valuations indicate significant risk and speculative trading conditions. For crypto investors and traders, potential volatility in quantum computing equities may spill into correlated tech-driven crypto assets, especially those linked to AI and decentralized computing, as market sentiment shifts between risk-on and risk-off environments.