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Infleqtion has announced a SPAC merger with Churchill Capital Corp X, aiming to go public with a valuation of $1.8 billion, under the ticker INFQ. The merger, expected to close in Q1 2026, will provide Infleqtion with $540 million to enhance its market efforts and accelerate product development in quantum computing. CEO Matthew Kinsella emphasized the company's strategy of leveraging government contracts to reduce costs and expand into commercial markets.