economy
Matt Levine’s Money Stuff today is relevant to Verge interests.
A lot of staffers subscribe just because we enjoy his work (and when he gets his vacation ruined). But today’s newsletter is about the SpaceX lockup expiring — how it should work vs what we will find out tomorrow about how it will work — and how the noted AI hedge fund Situational Awareness may have tanked the bets of noted AI hedge fund Situational Awareness.
TL;DR
- Matt Levine's "Money Stuff" newsletter is relevant to Verge interests.
- The newsletter discusses the expiration of SpaceX's lockup period.
- It contrasts how the lockup should work with how it might actually work.
- The potential impact of the hedge fund Situational Awareness on its own bets is also mentioned.