Michael Burry and Palantir CEO Clash Over AI and Short Selling

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Source: Business Insider
Michael Burry and Palantir CEO Clash Over AI and Short Selling
Photo: Business Insider
TL;DR Summary

Michael Burry, known for 'The Big Short,' responded to Palantir CEO Alex Karp's criticism by dismissing Karp's comments and reaffirming his bearish stance, which was based on a large put options position worth $912 million. Burry's recent actions and comments suggest he may have closed his short position against Palantir, despite publicly criticizing the company's valuation and business model. The dispute highlights ongoing tensions between short sellers and company executives amid Palantir's significant stock gains.

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