BlockBeats News, June 17th, Michael Burry, the original inspiration behind The Big Short who is known for successfully shorting the U.S. real estate market, stated yesterday that he does not own any shares of SpaceX. He believes that even though he questions the company's nearly $3 trillion valuation, the options for shorting the stock are still too expensive.

Burry mentioned that the put options with a strike price of $100 expiring in December 2028 are priced at around $25 per contract, while the stock trades at around $212. A similar contract expiring in June 2027 is priced at around $13 per contract, and a put option expiring in December 2026 is priced at around $6.75 per contract. "I was tempted, but decided against it. If I get lucky, the SPCX index will stabilize around the mid-$200 range, reducing the volatility of the put option chain."