Quantum Firm Infleqtion Jumps in Debut After Klein-Led SPAC Deal

Infleqtion Inc. shares climbed on Tuesday in their public debut after merging with a blank-check company sponsored by serial dealmaker Michael Klein.

Shares of the quantum computing firm rose as much as 9.8% to $15 each on their first day of trading, after completing a deal with Klein’s 10th special purpose acquisition company, Churchill Capital Corp. X.