- According to a report by Yahoo Finance, any potential deal could take the form of warrants or loans, not necessarily equity.
- Sources said that President Trump is looking for “a good return for the taxpayer.”
- While the White House has received several proposals from companies seeking to exchange ownership stakes for federal backing, no final decisions have been made.
The Trump administration’s interest in taking equity stakes in quantum computing companies may reportedly have been overstated.
According to a report by Yahoo Finance, citing a person familiar with the developments, rather than direct ownership, potential deals could take the form of warrants or loans, and may not involve the companies named in earlier reports. President Trump is looking for any federal investment to provide “a good return for the taxpayer,” it added.
No Final Decisions Yet
The report said any funding would likely come from leftover allocations under the administration’s overhaul of the Biden-era Chips Act. Sources stated that the White House has received several proposals from companies seeking to exchange ownership stakes for federal backing, though no final decisions have been made.
The clarification follows The Wall Street Journal report claiming that several quantum firms — including IonQ (IONQ), Rigetti Computing (RGTI), and D-Wave Quantum (QBTS) — were in talks to offer the Commerce Department equity stakes in exchange for funding. Other companies, such as Quantum Computing (QUBT) and Atom Computing, were said to be considering similar arrangements.
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