'Big Short' investor Michael Burry says neither SpaceX nor Anthropic is worth $1 trillion
Summary
Business Insider reports Michael Burry questions SpaceX and Anthropic's valuations, arguing that the AI hype around trillion-dollar IPOs may be overstated. He suggests compute power will become commoditized and that Anthropic's $1T valuation is unlikely to be justified. The piece highlights investor skepticism and potential implications for AI startups and capital markets.