Featured · Policy
Washington bought a stake in Rigetti. Its CEO sold shares the next morning.
Commerce's $100 million CHIPS award for Rigetti is structured as equity, not a grant: 7.74 million shares for the taxpayer, $43.9 million upfront, milestones for the rest. Insiders sold into a 7.2 percent pop, and IBM just consolidated the foundry layer beneath all three recipients.
· 2 min read
