Investor Michael Burry, known for predicting the 2008 financial crisis, stated he is tempted to bet against SpaceX, the private space company founded by Elon Musk. Burry argued that the company's market capitalization has reached levels that dwarf many established businesses and fortunes.
However, Burry noted that he passed on the opportunity because the options to short the stock are too expensive. SpaceX is not publicly traded, but its valuation in private markets has soared, making it one of the most valuable private companies globally.
Burry's comments were made in a now-deleted post on social media platform X. He did not specify a target valuation or provide a timeline for a potential bet. As of June 2026, SpaceX's valuation remains a topic of debate among investors.