Skip to content

Thursday, August 27, 2026

Gigantum.net
News

Business

819 stories

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. [Link: SpaceX Unlocks Tomorrow | https://www.bloomberg.com/opinion/newsletters/2026-08-05/spacex-unlocks-tomorrow | Bloomberg]

Amazon is now worth over three Elon Musks.

AMZN surpassed $3 trillion in market value for the first time on the strength of accelerating cloud-computing revenue. It joins only Nvidia, Alphabet, Microsoft, and Apple in ever reaching the milestone. It first crossed the $1 trillion mark in 2018. [Link: Amazon Joins Elite List of Stocks to Top $3 Trillion in Value | https://www.bloomberg.com/news/articles/2026-08-03/amazon-joins-elite-list-of-stocks-to-top-3-trillion-in-value | Bloomberg]