Michael Burry Questions Musk Firms' Combined Worth

Michael Burry said on X and Substack late Thursday that Elon Musk is a 'desperately incentivized futurist' and that Tesla, SpaceX, and xAI combined are worth less than $1.6 trillion. He cited recent private valuations—SpaceX $800 billion, Tesla $1.3 trillion market cap, xAI $230 billion—and warned Musk's $1 trillion pay package dilutes shares. Burry argued markets have already priced potential company combinations, urging caution on timelines.