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'Big Short' Michael Burry says SpaceX, Anthropic not worth $1 trillion
- Michael Burry questions whether SpaceX and Anthropic merit trillion-dollar valuations, calling current prices hype-driven.
- Burry cites SpaceX's S-1 filing showing $18.7 billion in revenue and a $4.9 billion net loss to question its $1 trillion target.
- Burry questions Anthropic's valuation, saying it may not justify a $1 trillion price tag despite funding rounds.
- Burry argues computing power could become commoditized, reducing long-term AI costs.
- The piece notes Burry’s fame from predicting the housing crash and his move to Substack investing.
- SpaceX and Anthropic did not immediately respond to Business Insider's requests for comment.
- The article highlights Burry’s insight on hype versus fundamentals in high-valuation tech stocks.
- The story ties Burry’s critique to public market valuations and AI computing costs.
- The piece reflects on SpaceX’s revenue and loss as context for valuation debates.
- The article notes no immediate response from SpaceX and Anthropic to comment requests.
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