Michael Burry is skeptical of SpaceX's $3-trillion market valuation following its stock-market debut. The investor examined put options to bet against the rocket-and-AI company but decided to pass. Burry said he was tempted by a December 2026 option but declined, hoping SpaceX stock settles in the mid-$200s.
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Summary by ByteBrief
The SpaceX IPO Hinges on This $26.5 Trillion Growth Opportunity