The larger @Tesla Model Y L is now available in 13 markets:
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Elon Musk: “I started that (SpaceX) in mid-2002 expecting to fail.
I said probably 90% chance of failure… we’re probably gonna die
But a small chance we might not die,
But this is the only way to get people to Mars and Advance the state of Art”
BREAKING: A 24-year-old former OpenAI researcher just became one of the largest hedge fund managers on Wall Street.
He has ZERO professional investing experience.
Yet he's up 270% this year.
And he is about to make ONE very big bet...
He left OpenAI's Superalignment team in 2024, raised $225 million from Nat Friedman, Daniel Gross, and the Collison brothers, and launched Situational Awareness LP.
He had never managed money professionally.
His entire thesis came from a 165-page essay arguing AI was bottlenecked by physical limits, not algorithms.
Today his fund manages over $20 billion. Same size range as Bill Ackman's Pershing Square and Dan Loeb's Third Point.
The Wall Street Journal reported it Monday:
The fund is up 270% after fees in 2026 through May, and up more than 1,000% since launch less than two years ago.
Jane Street, one of the most selective trading firms on earth, just became an investor.
The interesting part is what he's shorting.
In his Q1 2026 13F filing, Situational Awareness disclosed $8.46 billion in notional put options against the AI chip stocks every retail investor in America is buying.
$1.6 billion in puts against Nvidia.
$2 billion in puts against the VanEck Semiconductor ETF.
Plus put positions on Broadcom, Oracle, AMD, Taiwan Semiconductor, Micron, ASML, Intel, and Corning.
Read that again.
The most successful AI investor on Wall Street, a guy who actually worked inside OpenAI, is paying billions to bet against the exact stocks retail piled into this year.
And his trade is already paying.
Last Friday, June 5th, the AI chip sector lost roughly $1 trillion in market value in a single session.
Marvell dropped 17%. AMD dropped 11%. Nvidia dropped 6%.
Aschenbrenner's puts gained value on every single one of those drops.
His thesis, in plain language:
AI's real bottleneck isn't model quality.
It's power, compute, and memory. The companies that win are the ones selling the inputs AI absolutely needs.
The companies at risk are the ones whose entire valuation assumes infinite demand from buyers who are themselves losing money.
So he went long the inputs.
And he hedged the assemblers.
This is the difference retail investors almost never see.
Retail picks a narrative and rides it forever.
Aschenbrenner picks a thesis and structures around it.
Same belief in AI. Completely different position.
Automated, rules-based strategies that don't marry a narrative.
That rebalance when the math changes. That don't care if Nvidia is at all-time highs or down 6% on a Friday.
That's the approach Surmount was built around.
When the smartest insider in AI is hedging the trade everyone else is doubling down on, the right move isn't to guess which side wins.
It's to run a system that doesn't have to:
The Federal Reserve just told us to forget EVERY rate cut we were promised.
And anyone trading the old narrative basically got run over.
Here's what happened yesterday:
June 17, 2026.
Kevin Warsh chaired his first FOMC meeting as Fed Chairman.
The decision itself was boring. Rates held at 3.50% to 3.75%. Markets expected it.
Then the projections dropped.
Six months ago, the Fed's own dot plot showed one rate CUT coming in 2026.
Yesterday, that flipped to one rate HIKE.
Nine of 18 officials want higher rates this year. Six of those nine want TWO quarter-point increases.
Three months ago, zero officials penciled in a hike.
That's a 50 basis point swing in expectations.
In one quarter.
And Warsh himself refused to submit a projection at all.
He told reporters dot plots aren't "helpful."
The most hawkish signal a Fed Chair can send without saying a word.
The results?
The S&P 500 dropped 1.21%.
The Nasdaq fell 1.34%.
The Dow lost 507 points after touching a fresh all-time intraday high earlier in the day.
The 2-year Treasury yield surged 16 basis points to 4.21%.
The 10-year hit 4.49%.
CME FedWatch now shows a 60.7% chance of a rate hike by October.
Some Wall Street desks have it above 90%.
Six months ago, the same tool was pricing in three cuts for 2026.
Read that again.
Three cuts to one hike. In six months.
Now let's talk about what this means for your investments:
Retail investors entered 2026 with a clear thesis:
- Inflation was cooling
- Powell was out. Warsh was in
- Trump wanted rates lower
- Rate cuts were coming
That story drove every major trade of the past 12 months.
Yesterday, that narrative collapsed.
The economy isn't weak enough to cut into.
And it's hot enough to potentially hike into.
Warsh said it directly: "Persistently high prices are a burden for the American people."
Translation: cuts are off the table. Hikes are on it.
Trump appointed Warsh expecting cheaper money.
Yesterday, Warsh told reporters he hasn't communicated with Trump about anything.
Then he formed five task forces to overhaul how the Fed operates.
A new chair. A new framework. A new direction.
Trump's response when asked about a hike? "Hard to believe."
Even the man who picked him didn't see this coming.
The investors who survive this transition aren't the ones with the best Fed take.
They're the ones whose strategy doesn't require a Fed take at all.
Systematic. Rules-based. Adjusts automatically when the inputs change.
That's what Surmount was built for.
Automated strategies that don't flinch when the narrative does...
I love this guy.
Muslim former Prime Minster of Scotland.
When a white person attacks brown people, he goes into a frenzy posting about racism and hate.
When a brown person attacks a white person, he calls for an end to "division".
Same act. Two standards.
Anti-white racism.
Traded my Range Rover for a @Tesla Model Y and picked it up two weeks ago. Turned on FSD today after the 14.3.3 update.
If you don’t believe in magic, I don’t know what to tell you. I’ve always been fascinated by technology for as long as I can remember, but this is something else entirely.
제가 테슬라 투자에 유일하게 리스크로 생각하는 것이
“일론 머스크의 건강” 입니다.
그가 없더라도 테슬라가 시총 10T찍는 것은 가능 할 것 입니다.
하지만 저는 그 이상 먼 미래를 생각합니다.
그러한 의미에서 저 풀순이가 일론을 디지털 워킹 시키도록 하겠습니다.
일론 건강하세요🙏❤️❤️❤️
Hey! 🌟
You've just been spotlighted on X as a true ELON
MUSK supporter.
Reply with "YES" and give me a FOLLOW to take the next step.
Signed,
ELON MUSK ✅
@bundeskanzler Herr Merz,ich glaube,dass die ostdeutschen Wähler lieber für Elon Musk entscheiden würden als Sie. Die ostdeutschen Wähler wissen welche Vergangenheit Sie haben inklusive BlackRock und die politische Zeit bis zum Politik-Rückzug wegen Angela Merkel vor Ihrer Zeit als Kanzlerin.
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MUSK supporter.
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Signed,
ELON MUSK ✅
@KarsRuud@FanaticElon CONGRATULATIONS!!!
This is Elon Musk Tesla, we are happy to inform you that your name as been randomly selected via our automated system with a sum of $30,000.00 and a brown new Tesla car latest model. Kindly get back with ACCEPT to proceed thank you.
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@Lastking_Dk@Shadaya_Knight With your ideology Elon Musk must leave America and open business in South Africa 😂😂😂 Anyway it is in the history of the SA people to hate people who look like them.
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MUSK supporter.
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ELON MUSK ✅
@0IvankaTrumpRV2 Ivanka, Elon Musk wrote Blastar at just 12 years old. The source code was published in a magazine, earning him $500. From this early start, the future of tech and innovation was already shaping up.