Leopold Aschenbrenner blows up

The big story is the hedge fund Situational Awareness, founded by investing prodigy Leopold Aschenbrenner (@leopoldasch), has been unwound following significant losses during the recent crash in AI stocks: Truly an incredible turn of events for Situational Awareness and @leopoldasch. https://t.co/kRtDQF19ZI pic.twitter.com/qYLCDnq4xX — Joe Weisenthal (@TheStalwart) July 30, 2026 Here is the timeline: His downfall has all the ingredients of someone who was overleveraged, and then forced out at the bottom. Consequently, semiconductor stocks have surged, at the moment he sold. The timing could not have been worse. He was forced out at the very bottom, with Citadel picking up the scraps. One of his major positions, CoreWeave, is up 20% today as of posting this: On March 6th, 2026, I made a post about how I was not that impressed by his fund, “Leopold Aschenbrenner’s hedge fund: dispelling the hype,” so I guess you can say I was right again, although I did not expect it to fail outright. I…