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The quantum computing sector was shaken after Martin Shkreli, a well-known but controversial figure, took aim at two big names in the industry. On Jan. 21, 2025, Shkreli labeled his bet against IonQ (IONQ) and Rigetti Computing (RGTI) as “one of the best shorts” of his career.
Shkreli’s criticism focuses on operational issues, pointing to an Amazon Web Services Braket dashboard showing all three of IonQ’s quantum devices and both of Rigetti’s systems offline or with errors. This raises questions about whether the hype around these companies matches their current technological capabilities.