Michael Burry drops bombshell on SpaceX, OpenAI IPOs

The AI sector is as overhyped as the tech sector was before the dot-com bubble burst. The upcoming IPOs for SpaceX, Anthropic, and OpenAI alone will raise more capital than 300 tech and media IPOs did in 2000 combined. This isn't sustainable growth; it’s a massive concentration of capital that mirrors the 2000 peak right before the collapse. We are heading for a sudden, sharp market deterioration. Is this a historic revolution or just a giant bubble? What’s your take?
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