# 迈克尔·伯里认为，SpaceX和Anthropic均不值1万亿美元 - 来源：Hacker News 热门（buzzing.cc 中文翻译） - 作者：mgh2 - 发布时间：2026-06-02 23:21 - AIHOT 分数：68 - AIHOT 链接：https://aihot.virxact.com/items/cmpwssqly00ejsl79zlpmtzy0 - 原文链接：https://www.businessinsider.com/big-short-michael-burry-spacex-anthropic-ipo-ai-bubble-claude-2026-6 ## AI 摘要 迈克尔·伯里公开表示，SpaceX与Anthropic的估值均不应达到1万亿美元。他指出，即使Anthropic的年化收入达到当前水平，实现这一估值也面临巨大挑战。此言论引发市场对当前AI及科技公司高估值合理性的关注与讨论。 ## 正文 'Big Short' investor Michael Burry says neither SpaceX nor Anthropic is worth $1 trillion Michael Burry says he has major doubts about SpaceX and Anthropic's lofty valuations. In recent discussion threads on his Substack, the investor of "The Big Short" fame questioned the worth of Elon Musk's rocket, satellite, and AI company, and the maker of popular AI model Claude. "Any move up will be on hype and technicals," Burry wrote about SpaceX stock in a subscriber chat he started on Saturday. "Nothing in that S-1 suggests it is worth $1 trillion let alone $2 trillion." SpaceX filed an IPO prospectus known as an S-1 on May 20, revealing that last year it made $18.7 billion in revenue and posted a net loss of $4.9 billion. It is widely reported to be targeting a valuation of roughly $2 trillion as a public company. Anthropic announced last Thursday that it had raised capital at a $965 billion valuation, paving the way for a public listing at an even higher valuation. Reacting to the news, Burry said in a subscriber chat that he's skeptical the AI startup will ever warrant that price tag. "There is no guarantee, and not even a strong likelihood, that Anthropic is long-term worth anywhere near $1 trillion," he wrote. Explore BI Games Take a smarter break in your day - and see how far you get. Burry added that Anthropic's business of developing cutting-edge AI models is "far too expensive, too much brute force," as over time, he expects computing power "will be commoditized, like internet use." "What is happening now is a false demand signal," he wrote, echoing his recent warning that the "tokenmaxxing" trend won't last. The frantic rush to secure computing power to run AI models is "driving buildout and orders that will be too much for what is needed a few years down the road," he added. Burry quipped that before paying $1 trillion for Anthropic, he would count to 1 trillion, and "in 240,000 years I might reconsider." SpaceX and Anthropic didn't immediately respond to requests for comment from Business Insider. Burry shot to fame after his prescient bet against the mid-2000s housing bubble was chronicled in the book and movie "The Big Short." Known for issuing grave predictions about crashes and recessions, he pivoted from running a hedge fund to writing about his personal investments on Substack late last year. Read next Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Corporate finance Stocks and investing Wealth and philanthropy Business history US economy Warren Buffett and Berkshire Hathaway Finance SpaceX Elon Musk More Anthropic Jump to Main content Search Account Jump to top of page Follow Following Every time publishes a story, you’ll get an alert straight to your inbox! Look out for an alert in your inbox the next time publishes a story! Every time a new story is published, you’ll get an alert straight to your inbox! Look out for an alert in your inbox the next time a new story is published! By clicking “Sign up”, you agree to receive emails from Business Insider. In addition, you accept Insider’s Terms of Service and Privacy Policy.