Written by Jacob Bakshi
Jacob Bakshi
CFD & Options Trading Specialist
Trading CFDs and options has been my playground for years, and I love helping others understand these powerful tools and what makes the financial world tick. My work mostly focuses on giving traders the confidence to make informed decisions with unbiased reviews into platforms that prioritize fair pricing, advanced tools, and reliable execution because In fast-moving markets, every detail matters. I have a background in market analysis and risk management, and I’m always on the lookout for brokers that offer the right tools for serious traders. using our CLEAR™ Methodology The CLEAR™ Score (Credibility, Leverage, Execution, Accessibility, Regulation) is our proprietary ranking system. The CLEAR™ Score provides you with the most accurate and transparent broker ranking after evaluating all the key factors that are crucial for trading success. .
Last fact check on July 7, 2025 by
Shaun David Shaun David
Regulation • Trading Algorithms • Market Analysis
I’m extremely passionate about the financial markets and working with innovative technology that makes trading better and safer. Since joining the CleaRank team, my primary role is working with real-time broker performance data using the CLEAR™ technology and broker evaluation methodology. I investigate brokers by testing their platforms and uncovering hidden risks and costs. My end goal is to level the playing field for traders and With an extensive background in market analysis and algorithmic trading, I’m qualified to find what matters most to traders.
Quantum Error Correction or Financial Meltdown? Rigetti ($RGTI) Is Walking a Razor’s Edge
Key Points
This Isn’t Just Code and Qubits — This Is the Make-Or-Break Year for Quantum
Rigetti isn’t some MIT side project. It’s a company with serious tech — and serious cash burn.
If you’re hearing about Ankaa-3 for the first time, here’s the punchline: it’s a next-gen quantum processor that hits 99.5% gate fidelity. That’s a huge deal. Why? Because you can’t even talk about error correction without crossing that 99% fidelity threshold. Below that? It’s theoretical fantasy. Above it? You’ve got a shot at real-world quantum advantage.
Ankaa-3 is now live via Amazon Braket and Microsoft Azure — meaning the tech is already being exposed to developers, researchers, and potential enterprise users in the cloud. That alone puts Rigetti in a small league of players capable of delivering quantum-as-a-service today.
But now the question gets uncomfortable: Is it investable?
Rigetti’s Public Qubit Roadmap
Processor Qubit Count
Revenue Flatlines, Losses Explode: The Financial Reality
Let’s be brutally honest. The numbers are really bad. Rigetti made $9.2 million in revenue across the past 12 months. That’s it.
Meanwhile, it lost $74 million — that’s over 8x more burned than earned. And this isn’t a one-off. That burn rate has been persistent.
Back in 2022, while the S&P 500 dipped -25% during the macro chaos, $RGTI crashed by 96%. Yes — ninety. six. percent. That wasn’t a pullback. That was an implosion.
And yet, here we are.
Because quantum computing isn’t about this quarter. It’s about the curve.
Stock Performance: $RGTI vs. S&P 500 Quality ETF ($SPHQ)
Normalized growth based on $100 investment.
“This is one of the most asymmetric bets on the public markets,” says CleaRank’s Shaun David. “The market punished early revenue miss, but the fidelity metrics are showing a company that may be ahead of the curve but not the cash flow curve.”
What’s Actually Working: Hardware, Partnerships, and a Narrow Path to Dominance
Let’s not forget: Rigetti has real traction.
It’s already landed NASA, Standard Chartered, and Phasecraft as partners. It’s not just building quantum tech in a vacuum — it’s validating it with credible players.
Their roadmap is as precise as could be, they need to deliver a 100-qubit device by the end of the year. We think it’s reasonable and they’re closer than ever with current gate fidelities already clearing 99%.
But here’s the tradeoff:
In either case, the quantum race is heating up — and the winners won’t be decided by hype but by hardware.
Our Forecast: Moonshot or Misfire?
Rigetti ($RGTI) is not a meme stock. It’s not a deep value play. It’s a speculative quantum moonshot with real tech, zero profits, and a brutally tight runway.
That doesn’t mean it’s uninvestable. It means you have to know what you’re buying.
You’re not buying earnings. You’re buying the chance that Rigetti executes better than IBM, Google, IonQ, and every other heavyweight in the quantum race.
And if they do? This stock has 100x potential — because the entire industry might.
But if you prefer a more risk averse approach then the Invesco S&P 500 Quality ETF (SPHQ) is a far better option as it has outperformed the S&P 500 over multiple timeframes.
In Shaun David’s words:
“You don’t get NVIDIA returns without NVIDIA-level risk. Rigetti is one of those trades — all thesis, all timing.”
FAQ
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Always do your own research.
I’m Jacob and I specialize in CFDs, options trading, and market analysis. Over the years, I’ve developed a deep understanding of the risks and rewards that come with trading derivatives and survived enough volatility to know that trading is like skydiving: thrilling, but you’d better trust your parachute (or broker). I use CleaRank’s Methodology to test brokers based on their offerings and ensure traders that visit our site have access to brokers that align perfectly with their trading strategies.