Quantum Stock Drops 3.8 Trillion Won in One Day After Two Months of Listing

Infleqtion Inc. (NYSE: INFQ), a U.S. quantum technology company, recently closed down 9.07% at $15.84 on the New York Stock Exchange. Its market capitalization stands at approximately $3.4 billion (about 4.6 trillion KRW), and Thursday’s drop alone erased roughly $285 million (around 380 billion KRW).

On April 8, the company issued revenue guidance for 2026 of $40 million (circa 54 billion KRW), and disclosed 2025 revenue of $32.5 million along with an operating loss of about $35.3 million. Infleqtion has also announced a series of contracts and projects, including a quantum experiment on the International Space Station, a 100-qubit system for the U.K. National Quantum Computing Centre, and research funding from the U.S. Department of Energy’s ARPA-E program.

Headquartered in Colorado, Infleqtion develops neutral-atom–based quantum computers and sensing devices. In February, it completed a SPAC merger with Churchill Capital Corp X, becoming the first neutral-atom quantum technology firm to list on the NYSE. Leveraging collaborations with NVIDIA, NASA, and U.S. and U.K. government agencies, the company aims to commercialize quantum computing and precision-timing solutions. As a high-risk, high-volatility growth stock, Infleqtion has attracted significant investor attention.