SpaceX (SPCX) put options remain too expensive, said investor Michael Burry, known for calling the US housing collapse and the 2008 financial crisis, CNBC News reported Tuesday, citing a newsletter post.
Burry questioned the company's $3 trillion valuation, the report said.
"I am not involved with SpaceX now. Neither short nor, ahem, long," he wrote in his newsletter, according to CNBC.
Burry could not be reached for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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