Churchill Capital Corp X, a company listed on the Nasdaq, recently completed a significant business combination with Infleqtion Inc., a firm specializing in quantum technology. This merger, which was approved by Churchill’s shareholders, took place on February 13, 2026. Following the completion of the merger, the newly formed entity is set to commence trading on the New York Stock Exchange later that week.
The transaction is part of a broader trend of Special Purpose Acquisition Companies (SPACs) facilitating mergers in the quantum computing and artificial intelligence sectors. These sectors have garnered substantial investor interest, driven by the potential of quantum machines and the support from both governmental bodies and major technology corporations. Despite the promising outlook, analysts have expressed caution, noting that the valuations in this space often reflect speculative enthusiasm rather than solid financial fundamentals.
Churchill Capital Corp X’s move to merge with Infleqtion Inc. exemplifies the strategy of private technology firms leveraging SPACs to access public markets more swiftly than traditional initial public offerings (IPOs) would allow. This approach has become increasingly popular, particularly in high-growth technology sectors where rapid market entry can be crucial.
As of February 12, 2026, Churchill Capital Corp X’s close price stood at $13.66. Over the past year, the company’s stock has experienced significant volatility, with a 52-week high of $27.50 recorded on October 13, 2025, and a 52-week low of $10.03 on July 14, 2025. This volatility reflects the broader market dynamics and investor sentiment surrounding SPACs and the emerging technologies they often target.
The merger with Infleqtion Inc. positions the combined entity to capitalize on the burgeoning interest in quantum technology, a field still in its early stages but with considerable potential for transformative impact across various industries. As the company prepares to begin trading on the New York Stock Exchange, stakeholders will be closely monitoring its performance and the realization of its strategic objectives in the competitive landscape of quantum computing and AI.
