Michael Burry Maintains $1.1B Short Position Against Palantir Despite Trump Endorsement, Says Stock Worth 'Well Under $50'

Michael Burry posted on X (later deleted) that Anthropic is 'eating Palantir's lunch,' citing Anthropic's ARR surge from $9B to $30B and arguing Palantir's platform is too heavyweight compared to simpler AI tools. The critique triggered a 7.3% stock drop that erased $23 billion in market value, and despite a brief Trump endorsement rally, Burry disclosed on April 10 he is maintaining his bearish position with put options, stating Palantir's fundamental value is 'well under $50/share' compared to its $127 trading price.