Churchill Capital Corp X Stock Price, News & Analysis

Infleqtion and Churchill Capital Corp X (NASDAQ: CCCX) filed a joint Form S-4 registration statement for a proposed business combination to take Infleqtion public as Infleqtion, Inc. (ticker: INFQ), expected to close in Q1 2026 subject to customary conditions.

The transaction is expected to deliver over $540 million in gross proceeds assuming no redemptions, including > $125 million raised via a common stock PIPE. Infleqtion reports technology milestones: 12 logical qubits with error detection and loss correction, a roadmap to 1,000 logical qubits by 2030, expanded NVIDIA collaboration, an NVQLink-enabled Sqale install underway, and validated timing and sensing partnerships with government and defense customers.

Infleqtion (NASDAQ: CCCX) will present on quantum sensing at CES 2026 in Las Vegas, with Chief Revenue Officer Paul Lipman speaking on January 6, 2026 at 11:00 a.m. PST about precision and sensitivity improvements in sensing.

The company said it plans to go public via a merger with Churchill Capital Corp X, recently appointed aerospace veteran Karl Pendergast to lead its Quantum Sensing Solutions Group, and announced a partnership with Voyager Technologies to integrate its Tiqker quantum atomic clock aboard the International Space Station and Starlab for orbital navigation and resilience.

Infleqtion (NASDAQ: CCCX) announced that Chief Scientist for Quantum Information Dr. Mark Saffman received the ninth Biennial John Stewart Bell Prize for research in quantum mechanics and applications.

The award recognizes Saffman’s contributions to neutral-atom quantum simulation, high-fidelity two-qubit Rydberg operations, and the transition from lab research to engineered quantum systems. He will be honored at CQIQC‑XI at the University of Toronto alongside Antoine Browaeys and Mikhail Lukin. The release notes Saffman previously received the Norman F. Ramsey Prize and that Infleqtion plans to go public via a combination with Churchill Capital Corp X (NASDAQ: CCCX).

Infleqtion (NASDAQ: CCCX) secured a $2.0 million Direct-to-Phase II SBIR contract from the U.S. Army to develop SAPIENT, an 18-month program applying Contextual Machine Learning (CML) to resilient edge navigation and timing in adversarial environments.

The award funds full system development and testing through October 2026, follows a first-place xTechScalable AI finish (1 of 4 winners from 133 submissions), and builds on prior Army and Navy demonstrations including RF signal processing work. SAPIENT targets multimodal sensor fusion and compact edge deployment using quantum-inspired algorithms and NVIDIA CUDA-Q.

Infleqtion (NASDAQ:CCCX) named Karl Pendergast Senior Vice President and General Manager of its Quantum Sensing Solutions Group on December 8, 2025.

Pendergast brings nearly four decades of aerospace and defense experience from Lockheed Martin, BAE Systems, Northrop Grumman, NASA JPL and recent consulting roles. The appointment follows Infleqtion's September announcement that it plans to go public via a business combination with Churchill Capital Corp X (NASDAQ: CCCX). Infleqtion's portfolio includes quantum computers, optical clocks, RF receivers, and inertial sensors, with stated use by NASA, the U.K. government, and collaborations with NVIDIA.

Infleqtion (NASDAQ:CCCX) appointed Navy veteran Chris Cook as Vice President of Government Affairs, effective December 4, 2025. Cook brings two decades of federal experience across the White House, OMB, Senate Budget and Appropriations Committees, and recent private‑sector work leading U.S. federal strategy at Saab.

Infleqtion said Cook will deepen congressional and federal agency engagement as the company moves neutral atom quantum systems from prototype toward fielded capability. The appointment follows Infleqtion’s September announcement to pursue a business combination with Churchill Capital Corp X (NASDAQ: CCCX).

Infleqtion (NASDAQ: CCCX) announced that Chief Scientist Dr. Mark Saffman won the 2026 Norman F. Ramsey Prize from the American Physical Society on November 20, 2025. The award recognizes Dr. Saffman’s seminal work in neutral-atom quantum information, including the first CNOT gate for atomic qubits, Rydberg-mediated entanglement, and the first demonstration of a quantum algorithm on an atomic quantum computer.

The company noted this scientific validation alongside recent plans to go public via a merger with Churchill Capital Corp X (NASDAQ: CCCX), framing the prize as a reinforcement of Infleqtion’s technology roadmap toward scalable, fault-tolerant quantum systems.

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.