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Hawthorne, California, June 1, 2026, 07:06 PDT Michael Burry, famous for shorting the U.S. housing market before the 2008 meltdown, is casting fresh skepticism on SpaceX’s looming IPO. The investor points to the company’s U.S. prospectus, arguing it fails to support the lofty valuations circulating around Elon Musk’s rocket, satellite, and AI venture. “Nothing in that S-1 suggests it is worth $1 trillion let alone $2 trillion,” Burry told subscribers, according to Business Insider. (Business Insider) Timing is crucial here. SpaceX is on the cusp of kicking off its IPO marketing, with Reuters reporting that pricing may happen as soon

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