
Burry Holds Palantir Bear Bet After Trump's Praise Lifts Stock
Big Short investor Michael Burry says he’s still betting against Palantir, maintaining long-dated put options (June 17, 2027 $50 puts and Dec 19, 2026 $100 puts) since fall 2025, unchanged by a Trump Truth Social endorsement that briefly lifted the stock. He argues Palantir’s fundamental value is well under $50 despite rallies, even as the stock trades near $127 amid government contracts and ongoing defense work.
