Michael Burry says he's tempted to bet against SpaceX, but passes on expensive options

Michael Burry, the renowned investor famous for predicting the 2008 financial crisis, has expressed interest in betting against SpaceX, citing its astronomical market valuation. Despite his inclination, he opted not to pursue expensive hedging strategies. This move highlights the growing concern over whether some tech companies, including SpaceX, are overvalued compared to traditional market norms. Burry's skepticism sheds light on broader debates about market bubbles and the valuation of disruptive tech firms.