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Michael Burry Stays Short on Palantir Despite Trump Praise

The stance highlights a split between bearish views on AI valuations versus optimism tied to Palantir’s defense contracts.

Overview

  • Michael Burry said in a blog post he will keep his bearish bet against Palantir even after President Trump’s Truth Social praise briefly lifted the shares.
  • Palantir remains almost 40% lower than when Burry first announced his bet in November 2025, according to the report.
  • Burry has argued that fast‑rising rivals such as Anthropic threaten Palantir’s position, writing in a now‑deleted post that Anthropic was “eating Palantir’s lunch.”
  • Supporters counter that Palantir’s deep U.S. government ties bolster the business, citing its Maven battlefield software and multibillion‑dollar contracts with Homeland Security and ICE.
  • Burry is also wagering against Nvidia and recently said he added to that position, signaling his broader view that headline AI stocks are overpriced.