Innlegg

🚨 The man who predicted the 2008 financial crisis just called out the SpaceX IPO and his AI short position is now over $1 billion. Michael Burry looked at SpaceX's S-1 filing and had a simple verdict. "Nothing in SpaceX's S-1 suggests it is worth $1 trillion, let alone $2 trillion. Any move up will be on hype." For context, SpaceX is listing at a $1.75 to $2 trillion valuation next week. Burry is saying publicly that the numbers in the filing do not support that price. The valuation is narrative, not fundamentals. And Burry has been putting serious money behind his AI skepticism since 2025. He currently holds a $912 million short on Palantir and a $187 million short on Nvidia. Combined that is over $1.1 billion betting against the AI trade. Burry was wrong on timing before. He called the market a sell in 2023 and it went up 130% before coming back down. He has been early on multiple calls. But in 2008, when everyone thought he was wrong, he was right. And the AI trade at current valuations has some uncomfortable parallels to the mortgage market he identified back then. Whether he is early again or right on time, the positioning is worth paying attention to. Not financial advice, just what the data is showing. #SpaceXIPOGoesRetail $SPCX