Michael Burry is using his latest social media broadside to argue that coverage of his Palantir Technologies, Inc.(NASDAQ:PLTR) short is biased, and that his detailed breakdown of the stock’s risks effectively “silenced” critics in the financial press.
The post continues a months-long campaign in which the “Big Short” investor has framed Palantir as wildly overhyped, miscategorized by investors, and backed by a media narrative he thinks ignores fundamental red flags.
He now claims that, after he walked through those issues in detail, “what I had to say silenced them,” implying that once his numbers were on the table, coverage turned more cautious or faded altogether.
Burry’s complaint fits with his long-standing skepticism toward consensus narratives; he typically casts himself as the lone voice challenging a crowd that doesn’t want to look too closely at a market darling.
Burry’s Earlier Palantir Critique
Burry first disclosed a sizable put position against Palantir last year, then expanded on the thesis in a Substack essay and follow-up posts.
He has repeatedly argued that Palantir is essentially a low-margin consulting business dressed up as a high-growth SaaS/AI platform, citing valuation multiples that once ran near 70x sales, compared with the single-digit ratios typical of consulting peers.
He also highlighted what he calls troubling accounting signals, including accounts receivable growth outpacing revenue and heavy stock-based compensation and dilution, which he links to “nefarious tricks” like aggressive revenue recognition and extended payment terms.
In February, Burry pegged Palantir’s fair value at around $46 per share. That’s a well-over-50% downside from recent trading levels, and has suggested the stock could ultimately lose 60% to 65% as AI euphoria fades.
Burry’s views drew sharp pushback from Palantir CEO Alex Karp, who publicly called them “crazy.” The contentious back-and-forth underscores how personal-and media-focused-Palantir’s narrative has become.