Michael Burry says he's tempted to bet against SpaceX, but passes on expensive options (opens original article in a new tab)

Michael Burry considered betting against SpaceX but found options too expensive, while questioning its high valuation. SpaceX shares have risen sharply following its IPO.

• Michael Burry said he has no position in SpaceX, passing on expensive bearish options
• Burry questioned SpaceX's $3 trillion market value, comparing it to established companies and economies
• SpaceX shares rose over 25% week to date after its IPO