Matt Levine, Columnist

Private Markets Get More Public

Also equity funding costs, buying the dip, Endeavor, litigation funding arbitrage and accountant narcissism.

March 25, 2025 at 6:18 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Oh man here’s a SpaceX stock chart:

That’s a year-to-date chart of SpaceX’s price reported by Forge, a private stock marketplace, as shown on Yahoo Finance. Here’s Stripe’s considerably more boring chart: