My aunt Carol, bless her, keeps asking me about SPACs. She thinks they’re some kind of new, improved Tupperware. “You can invest in them?” she asked, genuinely bewildered, last Thanksgiving. I tried to explain, something about shell companies and mergers, and her eyes glazed over. It reminded me of when I tried to explain the internet to my grandfather. Anyway, Churchill Capital Corp X (CCCX +15.14%) had a good day, and I suspect it has less to do with shrewd investing and more to do with the fact that it’s now officially attached to something that sounds like science fiction.
Infleqtion, the company poised to merge with Churchill Capital, announced it’s collaborating with NASA. NASA! Not the gift shop, but the actual agency that sends things into space. Apparently, they’re launching a mission involving a “Quantum Gravity Gradiometer Pathfinder.” I had to read that sentence three times. It sounds like a rejected James Bond villain’s invention. The mission, in layman’s terms, will use a quantum sensor to measure the Earth’s gravitational field. Which, I suppose, is good. I’m just picturing a very sensitive scale hovering over the planet.
Infleqtion claims this sensor will help monitor changes in water and land. Which is all very important, I’m sure. My immediate thought, though, was, “Can it detect my rapidly disappearing savings?” They also mentioned something about “longer interaction times” in microgravity. It sounds…intimate. I’m starting to think I need a glossary of quantum physics terms just to follow financial news these days.
The company’s role is to design and integrate the “quantum core” of the sensor. They didn’t say how much money they’ll make, which is always a telltale sign. It’s like asking someone if they enjoyed the party, and they respond by detailing the canapés. Still, a partnership with NASA does wonders for a company’s reputation. It’s the equivalent of a really good LinkedIn endorsement. Suddenly, everyone wants to be seen associating with them.
I keep waiting for the bubble to burst on all this quantum computing hype. It feels like the dot-com boom all over again, only this time it’s with things I don’t even pretend to understand. But for today, at least, Churchill Capital is riding high, propelled by the promise of gravity-measuring sensors and the enduring appeal of anything with the word “quantum” attached to it. I’ll have to explain it to Aunt Carol. Maybe I’ll just bring her some Tupperware.
Read More
- 21 Movies Filmed in Real Abandoned Locations
- 2025 Crypto Wallets: Secure, Smart, and Surprisingly Simple!
- 10 Hulu Originals You’re Missing Out On
- The 11 Elden Ring: Nightreign DLC features that would surprise and delight the biggest FromSoftware fans
- The 10 Most Beautiful Women in the World for 2026, According to the Golden Ratio
- 10 Underrated Films by Ben Mendelsohn You Must See
- ICP: $1 Crash or Moon Mission? 🚀💸
- 20 Games Where the Canon Romance Option Is a Black Woman
- 17 Black Voice Actors Who Saved Games With One Line Delivery
- Bitcoin’s Ballet: Will the Bull Pirouette or Stumble? 💃🐂
2026-02-11 03:22