Churchill Capital Corp X Stock Price, News & Analysis

Infleqtion (NASDAQ: CCCX) appointed Jason Hall as chief legal officer, effective November 10, 2025, to lead legal, regulatory, and compliance as the company advances toward a planned public listing via a business combination with Churchill Capital Corp X.

Key disclosed figures: $29M trailing twelve-month revenue as of June 30, 2025 (~80% CAGR over two years); ~$50M of booked and awarded business expected at year-end 2025 (multi-year realization); a potential customer pipeline exceeding $300M; a pre-money equity valuation of $1.8B; and expected gross transaction proceeds of over $540M, including a $125M common stock PIPE, assuming no redemptions.

Infleqtion (NASDAQ: CCCX) is partnering with Oak Ridge National Laboratory through the Department of Energy’s Quantum Science Center to integrate neutral-atom quantum systems with leadership-class HPC. The QSC received a $125 million five-year renewal through 2030 to accelerate quantum/HPC convergence.

Infleqtion will connect its Sqale quantum computers to GPU systems using NVIDIA NVQLink to run materials simulation workloads, aiming to demonstrate hybrid quantum/classical utility and scalable paths toward quantum-accelerated supercomputers. The announcement coincides with SuperComputing 2025 and follows Infleqtion’s planned merger to go public via Churchill Capital Corp X.

Voyager Technologies (NYSE: VOYG) and Infleqtion announced a strategic partnership to advance dual-use neutral atom quantum technology in low-Earth orbit and beyond on November 12, 2025. The collaboration follows Infleqtion’s plan to go public via a merger with Churchill Capital Corp X (NASDAQ: CCCX).

Initial steps include integrating Infleqtion’s Tiqker quantum atomic clock aboard the International Space Station and later Starlab to provide an alternate high-precision time source intended to support commercial and national security missions, autonomous spacecraft coordination, and secure constellation communications.

Infleqtion (NASDAQ:CCCX) appointed Ilan Hart as chief financial officer, effective October 20, 2025, to lead corporate finance, capital markets strategy, and investor relations as the company prepares to go public via a business combination with Churchill Capital Corp X.

Key metrics: $29M trailing twelve-month revenue as of June 30, 2025 (~80% CAGR over two years), ~$50M of booked/awarded business expected at year-end 2025, a potential customer pipeline >$300M, and a definitive deal valuing Infleqtion at a $1.8B pre-money equity value with expected gross transaction proceeds of >$540M (including >$125M PIPE), assuming no redemptions.

Infleqtion and Churchill Capital Corp X (NASDAQ: CCCX) announced a confidential draft Form S-4 filing with the SEC on October 29, 2025 toward a proposed business combination that would take Infleqtion public as Infleqtion, Inc. under the ticker INFQ.

The transaction is expected to deliver over $540 million in gross proceeds (assuming no redemptions), including >$125 million of incremental PIPE capital. Closing is targeted for Q1 2026, subject to shareholder approval, SEC effectiveness, and customary conditions.

Infleqtion highlighted technical progress: achieved 12 logical qubits with error detection and loss correction, expanded collaboration with NVIDIA, demonstrated a quantum optical clock for underwater navigation with the Royal Navy, and announced a partnership with Silicon Light Machines.

Infleqtion (NASDAQ: CCCX) will present at the 2025 Chicago Quantum Summit on Nov 3–4, 2025 at Willis Tower, Chicago. Company leaders will discuss technological, commercial, legal, and financial dimensions of quantum innovation across four sessions: Innovating Quantum Sensing (Dana Anderson, 11/4 11:15 a.m.), Accelerator Programs (Pranav Gokhale, 11/4 3:00 p.m.), Quantum Futures in Finance & Risk (Caitlin Carnahan, 11/4 11:15 a.m.), and Legal Frameworks for Quantum Growth (Troy Smith, 11/3 2:15 p.m.).

The announcement follows Infleqtion’s planned merger with Churchill Capital Corp X and notes Infleqtion as a future tenant of the Illinois Quantum and Microelectronics Park (IQMP), where it plans to host an NVIDIA NVQLink-enabled quantum supercomputing system to support regional quantum and AI initiatives.

Infleqtion (NASDAQ: CCCX) will host an NVIDIA NVQLink-enabled Sqale quantum supercomputing system at the Illinois Quantum & Microelectronics Park (IQMP) in Chicago, delivering a standardized link between quantum processors and GPU-accelerated supercomputers.

The company said its NVQLink-equipped Sqale builds on recent technical milestones including a Shor algorithm realization with logical qubits, a demonstration of 12 logical qubits, and 1,600 physical qubits. Infleqtion will make Sqale available via NVIDIA CUDA-Q for global researcher access and will showcase the deployment at GTC DC and SC conference events.

Infleqtion (NASDAQ: CCCX) completed the world’s first deployment of a quantum optical atomic clock on an underwater autonomous submarine, integrating its Tiqker clock into the Royal Navy’s Excalibur (XCal) XLUAV testbed on October 28, 2025.

The trial demonstrated onboard, lab-grade timing for GPS-denied PNT, validated Tiqker’s ruggedisation over multiple dives, and positioned Infleqtion as the first external technology partner in the XCal programme—supporting resilient navigation, sonar, fire control, and secure communications while further benchmarking is planned.

Infleqtion (NASDAQ: CCCX) will participate in NVIDIA GTC Washington, D.C. from October 27–29, 2025, with CEO Matthew Kinsella as a featured speaker. Kinsella will appear in the Keynote Pregame Show on October 28 at 10:40 a.m. EDT. Infleqtion will exhibit at Booth #420 and showcase its neutral atom–based portfolio: the Tiqker quantum optical atomic clock, Sqale quantum computer, and Superstaq software platform.

The company recently announced plans to go public via a merger with Churchill Capital Corp X and unveiled a next‑generation quantum architecture, targeting a full‑stack fault‑tolerant system with more than 1,000 logical qubits by 2030.