bro was right ONCE and now every tweet is a headline
It was a hell of a once tho
Michael Burry says neither SpaceX nor Anthropic is worth $1T
21–30 of 166 posts
Re: Michael Burry says neither SpaceX nor Anthropic is worth $1T
#22I think you could argue Anthropic could be worth $1T. With AI becoming an essential work utility, every global knowledge worker would want a claude subscription. There are 650M to 1B of such office workers. 300M workers × $50/month × 12 = $180B/year. The genie is not going back into the bottle, I have seen what claude code can do when properly connected to tools. But Micheals arguments are valid. There could be compe…
thing is, we have both local models and local hardware and a true evaluation would do a calculation before openai inflated thw market, before nvidia made circular deals and the other distortions.
i think youd find the ROI is nowhere near the API rates are the "price support" is entirely a figment of billionaires and their parasites trying to corner the market by horde logistics
Re: Michael Burry says neither SpaceX nor Anthropic is worth $1T
#23Of course not, this is pure speculation just like in past cycles, until it goes bum.
Re: Michael Burry says neither SpaceX nor Anthropic is worth $1T
#24Of course not, this is pure speculation just like in past cycles, until it goes bum.
And this time the boooom has a larger blast radius than all the previous booooms combined.
Re: Michael Burry says neither SpaceX nor Anthropic is worth $1T
#25I think you could argue Anthropic could be worth $1T. With AI becoming an essential work utility, every global knowledge worker would want a claude subscription. There are 650M to 1B of such office workers. 300M workers × $50/month × 12 = $180B/year. The genie is not going back into the bottle, I have seen what claude code can do when properly connected to tools. But Micheals arguments are valid. There could be compe…
Why would we need 1B office workers when Claude is supposed to fire everyone anyways?
Re: Michael Burry says neither SpaceX nor Anthropic is worth $1T
#26Matt Levine made an interesting point that the SpaceX IPO looks like a short squeeze/pump and dump [1]:
1. Do an IPO.
2. Sell a small amount (5%) to price insensitive Elon Musk-fans at a $2 trillion valuation
3. Get in all the indexes, because you are huge.
4. Unlock more stock, which the index funds have to purchase
[1] https://www.bloomberg.com/opinion/newsletters/2026-06-01/the...
Re: Michael Burry says neither SpaceX nor Anthropic is worth $1T
#27The stock market doesn't operate on long-term principles anymore. So, in some sense, it is immaterial that the rosy scenarios where AI is responsible for >$30 trillion in the next decade are unlikely. If you bet against the hype and it goes on for a few more months/years you lose as much or more than if you went along for the ride. Burry is well aware of this, he has written about how passive investing is contributin…
> The stock market doesn't operate on long-term principles anymore.
It has been broken since ~2008 (ZIRPs, etc.) and has really gone off the rails since BTC and memestocks have taken off. Now everything's a memestock. It's all vibes-based.
Re: Michael Burry says neither SpaceX nor Anthropic is worth $1T
#28Matt Levine made an interesting point that the SpaceX IPO looks like a short squeeze/pump and dump [1]: 1. Do an IPO. 2. Sell a small amount (5%) to price insensitive Elon Musk-fans at a $2 trillion valuation 3. Get in all the indexes, because you are huge. 4. Unlock more stock, which the index funds have to purchase [1] https://www.bloomberg.com/opinion/newsletters/2026-06-01/the...
Please, don’t buy the stock. It’s a classic retail investor trap
Re: Michael Burry says neither SpaceX nor Anthropic is worth $1T
#29bro was right ONCE and now every tweet is a headline
Its frustrating; you grind out a living making consistent solid double digit returns for investors and all anyone talks about is a guy who made 5bn for their investors 20 years ago and has lost 25bn for them since.
Re: Michael Burry says neither SpaceX nor Anthropic is worth $1T
#30Matt Levine made an interesting point that the SpaceX IPO looks like a short squeeze/pump and dump [1]: 1. Do an IPO. 2. Sell a small amount (5%) to price insensitive Elon Musk-fans at a $2 trillion valuation 3. Get in all the indexes, because you are huge. 4. Unlock more stock, which the index funds have to purchase [1] https://www.bloomberg.com/opinion/newsletters/2026-06-01/the...
Please, don’t buy the stock. It’s a classic retail investor trap
The issue is that once it's in the S&P500, Russel, Nasdaq100 etc indices - everyone with a pension or tracker fund will be buying it without thinking