I guess the screenshot header has the whole answer! Just wanted to put this snippet here since it came handy a couple times already; easy way to travel back in time using travel_to helpers to generate different versions of an object.

RSpec.describe Startup do
  include ActiveSupport::Testing::TimeHelpers
  
  describe '#version_at' do
    let(:startup) { create :startup }

    before do
      travel_to 30.day.ago do
        startup.update_attribute(:name, 'New Name')
      end

      travel_to 15.day.ago do
        startup.update_attribute(:name, 'Third Name')
      end
    end

    it 'successfully fetches the version' do
      expect(startup.versions.count).to eq 3
      expect(startup.paper_trail.version_at(30.day.ago).name).to eq 'New Name'
      expect(startup.paper_trail.version_at(15.day.ago).name).to eq 'Third Name'
    end
  end
end