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Hedge funds

Situational Awareness targets $40bn Fluidstack valuation months after near-collapse

Thursday, October 29, 2026 · first reported by Hedgeweek and 1 other

Situational Awareness is seeking investor money to join a Fluidstack funding round at a $40 billion valuation, more than five times its $7.5 billion January valuation. The hedge fund nearly collapsed earlier this year after margin calls and sold most of its public stock portfolio to Citadel.

Also named
Fluidstack, Citadel
Stage
Raising
People
Leopold Aschenbrenner
Asset class
Hedge funds, Venture
Geography
North America

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

Coverage

2 sources

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