Michael Burry does not have any shares listed on NASDAQ $SPCX for sale or purchase - he says "No thanks" to tempting sell offers and denies rumors on Discord.

Burry stated that he currently does not own any shares in SpaceX: "I don't hold short-term or long-term shares, as he put it."

Burry pointed out that SpaceX's market value, at $2.8 trillion, is supported by annual revenues of less than $20 billion.

He said that SpaceX's current market cap is enough to buy the wealth of Bezos, Zuckerberg, Buffett, Huang, and other top billionaires, with a remaining trillion dollars.

Burry avoids a sell deal on SpaceX shares

In a new post on Substack, Burry analyzes the recently listed series of SpaceX options, which appeared for the first time on Tuesday amid record trading activity, highlighting many long-term put contracts in SpaceX. He noted that a December 2028 put option with a strike price of $100 was trading at $25, while SpaceX shares were trading around $212. A June 2027 put with the same strike price was costing about $13, and a December 2026 put with the same strike was costing about $6.75.

The famous investor admitted that the short-term option caught his attention: "I was tempted by this contract. But no, thank you." Instead of betting on a decline in price, Burry said: "With a little luck, SpaceX's stock price will settle around the mid-200s, and trading volume on the put series will decrease."

Although studying put options, Burry stated that he currently does not own any SpaceX shares: "I am not currently involved with SpaceX. I do not hold short or long shares, as you know."

Burry analyzes SpaceX valuation

Burry compared SpaceX's massive valuation to its revenue base: "With a market cap of $2.8 trillion, SpaceX, which is essentially a small space company, a specialized communications company, a struggling social media company, and a company offering simplified tech solutions, has total revenues not exceeding $20 billion."

Burry also said that SpaceX is capable of buying all the listed airlines and defense companies in the U.S., and would still have enough money left to buy all gold mining companies and airlines worldwide.

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