Michael Burry Questions SpaceX and Anthropic Valuations, Doubts $1 Trillion USD Price Tags

According to BlockBeats, on June 1, Michael Burry, the investor who famously shorted the U.S. housing market, questioned the valuations of SpaceX and Anthropic, saying neither company justifies valuations exceeding $1 trillion USD.

Burry stated in a Substack post that SpaceX's IPO prospectus lacks a reasonable foundation for valuations of $1-2 trillion USD. He also expressed skepticism about Anthropic's recent valuation of $965 billion USD, arguing that large language model development is overly costly and resource-intensive. Burry contended that as computing resources become commoditized, the AI industry's current demand signals may prove misleading, potentially leading to overcapacity in coming years.