Situational Awareness, Aschenbrenner’s firm with the same name as his essay, was forced to sell off the majority of its public positions after suffering some major losses over the last few weeks, according to a report from CNBC. Situational Awareness reportedly had about $45 billion in assets under its roof at the start of July, and reportedly finished 2025 up 2,000%. It does seem Situational Awareness had some other buyers willing to buy up Aschenbrenner’s bad positions, but wanted to move as fast as possible to minimize losses, per the Financial Times, and went with Citadel. Looks like a good bet for Citadel so far, since a bunch of Situational Awareness’ holdings seemed to have rallied on Thursday. You’d hope an experience like that would humble a person, but when you’re a 25-year-old who is probably going to end up a billionaire anyway, situational awareness is not really a priority.