Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
The myth of hedge funds, the sci-fi movie of retail investors
Author: Jack
Source:
Repost: Mars Finance
A few days ago, The Wall Street Journal published an article featuring a hedge fund that almost no one has heard of, called Darsana Capital.
This fund was only established in 2014 and is not very large. In 2019, it made a decision: to bet on a rocket company that had not yet gone public. That year, SpaceX was valued at about $30 billion.
Seven years later, SpaceX is about to go public, with a valuation of $1.75 trillion. The approximately $600 million Darsana invested over the years is now worth about $15 billion. This investment is one of the most profitable hedge fund trades in Wall Street history. The SpaceX stock accounted for D