Michael Burry's Analysis of SpaceX Put Option Pricing
17 Jun 2026 · 09:08 UTC · CoinCentral RSS Feed · Original source
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Summary
Investor Michael Burry evaluated the possibility of shorting SpaceX following its IPO but decided against it due to high put option premiums. A December 2028 put option with a $100 strike was priced at $25 per contract while SpaceX shares traded near $212. Burry characterizes SpaceX as generating less than $20 billion in annual revenue. SpaceX stock has appreciated over 25% since its initial public offering.
Why it matters
The article is entirely focused on traditional equity markets and aerospace company valuations. SpaceX operates in satellite launch and space infrastructure—sectors with no direct operational relationship to cryptocurrency networks or digital asset markets. Michael Burry's investment commentary on put option pricing mechanics for aerospace stocks does not influence cryptocurrency trader behavior, mining economics, blockchain adoption, or digital asset valuations. Cryptocurrency markets respond to regulatory news, macro monetary policy, and blockchain-specific developments—none of which are addressed here. Any price correlation would be coincidental.
Expected impact
This article concerns SpaceX, a traditional aerospace and satellite company, and its stock performance following an IPO. It discusses investor Michael Burry's analysis of put option pricing on SpaceX equity. SpaceX is not a cryptocurrency or blockchain-related entity, and the article contains zero references to digital assets, crypto markets, or blockchain technology. Direct impact on Bitcoin, Ethereum, or altcoin markets should be negligible. Any potential spillover effects would be limited to broad macroeconomic sentiment shifts unrelated to cryptocurrency fundamentals.