6 hrs ago
Michael Burry Compares Anthropic’s Valuation With 78 S&P 500 Firms
Michael Burry compared the value of Anthropic, an artificial intelligence company, with the combined value of 78 established public companies.
He said the comparison shows how much investors are willing to pay for a private AI company.
He did not say exactly which Anthropic valuation he used for the calculation.
Anthropic was reported to be valued at $965 billion in a private funding round.
It may seek an even higher value if it goes public.
Burry also compared current valuations with UPS before its IPO.
He worries that companies may spend too much building AI infrastructure.
If AI gets cheaper to run, some of that equipment might not earn as much money as expected.
Michael Burry said Anthropic’s valuation equals the combined value of 78 profitable S&P 500 companies.
He made the comparison in a post on X, but did not specify the exact valuation used.
Anthropic was reported to have reached a $965 billion valuation in a private funding round in May 2026.
The company has reportedly filed a confidential prospectus and may seek a valuation of up to $2 trillion in a future IPO.
Burry also cited UPS’s $119 billion inflation-adjusted pre-IPO valuation and warned that AI infrastructure spending could become sunk cost.
- Who
- Michael Burry and Anthropic.
- What
- Burry compared Anthropic’s valuation with the combined value of 78 profitable S&P 500 companies and raised concerns about AI valuations and infrastructure spending.
- Where
- Burry posted the comparison on X; the comparison concerns S&P 500 companies.
- When
- Burry made the comparison on Wednesday, October 8, 2026, according to the cited X post; Anthropic’s reported $965 billion valuation was reached in May 2026.
- Why
- Burry used the comparison to highlight the gap between the value investors assign to a private AI company and established businesses with revenues and profits.
Key facts
- Companies in comparison
- 78 profitable S&P 500 companies
- Anthropic reported private valuation
- About $965 billion in May 2026
- Potential future IPO valuation
- Reports suggested Anthropic could seek as much as $2 trillion
- Valuation used in Burry’s calculation
- Not specified
- UPS inflation-adjusted pre-IPO valuation cited
- About $119 billion
- UPS financial measures cited
- About 26 times earnings, 8.6% net profit margin and 2.4 times sales
Quotes
Michael Burry
Investor who posted the comparison on X.
“A fun game in times like these is to go to the S&P 500 Index and see how many profitable companies one can buy with the bubble private company valuation.”
financialexpress.com
“The stock market is quite obviously in its first stage of grief, denial. Per 2000 and 2008, this stage lasts 6-9 months.”
financialexpress.com
Sources
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