Rigetti Computing Worth $6 Billion After $13 Million Past-Year Revenue
Rigetti’s $6 billion valuation at about 30 times sales implies roughly $200 million in annual revenue, far above the $13 million booked over the past year. The pace depends on quantum operations’ reliability, with Fidelity representing error-free runs. The company also has a letter of intent with the U.S. Department of Commerce for up to $100 million in potential funding to accelerate superconducting quantum work.