New York, Feb 11, 2026, 05:39 EST — Premarket
- CCCX jumped in the last session, fueled by investor interest in new Infleqtion news connected to U.S. government projects
- Shareholders of the SPAC will vote on the proposed Infleqtion business combination on Feb. 12
- If the deal closes, the ticker will switch to INFQ, and trading will move from Nasdaq to the NYSE next week
Churchill Capital Corp X shares surged 15% Tuesday, finishing at $12.67, then gained roughly 2.8% in after-hours trading. 1
Churchill X announced it will hold an extraordinary general meeting on Feb. 12 at 10:00 a.m. Eastern Time, giving shareholders a chance to vote on the proposed merger with Infleqtion. 2
Timing is crucial for a SPAC, or blank-check company, because investors have the option to redeem their shares for the cash held in trust instead of sticking with the deal. If lots of investors redeem, it can significantly reduce the cash the merged company expected to have at launch.
Infleqtion announced Tuesday it will join NASA’s Quantum Gravity Gradiometer Pathfinder mission, led by the Jet Propulsion Laboratory. Their quantum sensor is set to track shifts in water, ice, and land from low Earth orbit. “Quantum sensing opens an entirely new domain for U.S. space leadership,” said Infleqtion Chief Science Officer Dana Anderson. The mission carries over $20 million in contracted funding and aims for a 2030 launch. 3
Gravity mapping moves at a slow pace, yet it’s easy to buy and sell shares in this space. Projects tied to NASA often carry a badge of trust for investors, despite the long wait for any real returns.
Just a day before, Infleqtion announced a $6.2 million deal with ARPA-E, the U.S. Energy Department’s advanced research division, to kick off a quantum computing project aimed at optimizing the energy grid. The effort includes partners like Argonne National Laboratory, EPRI, and ComEd. “Securing the grid has become a matter of national capability,” said Infleqtion CEO Matt Kinsella. 4
Volume picked up, with roughly 7.16 million CCCX shares changing hands Tuesday, following a 5.7% drop in the stock the day before, according to data from Investing.com. 5
Churchill announced in a Feb. 3 SEC filing that trading of its shares, units, and public warrants on Nasdaq will halt at the close of Feb. 13. The stock and warrants are then set to start trading on the NYSE on Feb. 17 under the tickers “INFQ” and “INFQ WS.” Warrants, which function like options allowing holders to purchase stock at a predetermined price, are a staple in SPAC transactions. 6
If this deal goes through, Infleqtion would offer public-market investors an additional option to tap into the quantum sector, joining already-volatile players like IonQ and Rigetti Computing.
Government headlines don’t always translate into immediate sales, and NASA’s mission is still years away. A failed vote, a postponed closing, or large redemptions could drag CCCX back down to its cash value in trust.
