'Big Short' Michael Burry Says Neither SpaceX Nor Anthropic Is Worth $1 Trillion — Calls AI Model Business 'Far Too Expensive'

Business Insider·high signal

Michael Burry of 'Big Short' fame publicly challenged the trillion-dollar valuations being assigned to SpaceX and Anthropic ahead of their anticipated IPOs. On Anthropic, Burry stated 'there is no guarantee, and not even a strong likelihood, that Anthropic is long-term worth anywhere near $1 trillion,' arguing the AI model business is 'far too expensive, too much brute force' and that computing power 'will be commoditized, like internet use.' The post drew 95 HN points and 121 comments, reflecting significant market anxiety about pre-IPO AI valuations.