Dec. 11 at 2:31 PM
$RGTI $RGTZ $RGTX Sanity Check & MIZUHO BS PUMP ATTEMPT cont.
Cash Runway — Does
$450M–600M Actually Last Until 2030?
Let’s look at basic numbers.
Rigetti’s quarterly cash burn (last few years) is typically:
$12–20M per quarter, or
$48–80M per year
But here’s the issue:
⚠️ Burn increases BEFORE revenue does
As quantum companies scale:
More specialized hires
Fabrication, cryogenics, hardware costs
Cloud scaling costs
Partnerships requiring investment
R&D accelerates before monetization
If Rigetti wants to hit 1,000 qubits by 2027, their burn rate must increase, not stabilize.
⚠️
$450–600M sounds large, but over 5–6 years it's nothing
At
$60–80M burn annually (likely conservative for scale-up):
$450M /
$75M ≈ 6 years of runway
$600M /
$75M ≈ 8 years of runway
But that assumes flat burn, which is unrealistic if they attempt the scaling Mizuho assumes.