'Big Short' Michael Burry: Elon Musk 'even earlier than me' in predicting future
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'Big Short' Michael Burry: Elon Musk 'even earlier than me' in predicting future
""Elon is an American treasure but also a desperately incentivized futurist even earlier than me," the investor of "The Big Short" fame posted on X late Thursday. Burry, known for making premature but ultimately correct predictions, likely meant the Tesla and SpaceX CEO stands to profit enormously from his vision becoming reality, so he's highly motivated to hype it as much as he can. "I am glad he is here in America," Burry wrote on his Substack. "He will go down in history like PT Barnum and Thomas Edison," he added, referring to the legendary showman and founder of the Barnum & Bailey Circus, and the iconic inventor who helped refine the electric light bulb."
"Futurists are "always decades early, even earlier than I am," Burry continued. "And since they sell self-evident futures with indefinite timelines, they can raise capital." Burry attached a link to an article about Musk reportedly exploring a merger between SpaceX and either or both of his other main companies, Tesla and xAI. SpaceX was valued at $800 billion in a private share sale in December,"
Elon Musk is called an American treasure and a desperately incentivized futurist who is decades earlier than typical futurists. Futurists sell self-evident futures with indefinite timelines that attract capital. Musk reportedly explored merging SpaceX with Tesla and xAI. SpaceX received an $800 billion private valuation, Tesla holds a $1.3 trillion market capitalization, and xAI was valued at $230 billion. The market had already priced in a potential combination. A combined valuation under $1.6 trillion is asserted to more than encompass current and future expected value of the three companies.
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