Big Short Michael Burry says SpaceX, Anthropic not worth $1 trillion

General News

Summary

Michael Burry questions the valuations assigned to SpaceX and Anthropic. He argues that SpaceX’s IPO filing does not justify a $1 trillion or higher price tag, and he says any further upside likely depends on hype. He also doubts Anthropic can sustain its recent valuation, calling the company’s AI model development too expensive and heavily dependent on brute-force compute. The article highlights Burry’s view that current demand for AI infrastructure may be inflated and could cool as compute becomes commoditized.

Classifications

industries
No industries detected
applications
Accounting and Taxes

AskAI Classifications

Labels
AI Software SaaS Developer Tools

Linked Companies

Anthropic
$10M to $25M