Cathie Wood and Michael Burry are taking different approaches to tech stocks right now. Wood is buying up SpaceX (SPCX). She is looking past the current valuation and treating it like her early Tesla bets, viewing the business as a broad infrastructure play rather than just a rocket company. Burry is taking the opposite route with Palantir (PLTR). He thinks the company is overvalued and expects that AI agents will make a lot of current SaaS offerings obsolete. Based on his cash flow models, he values the stock at $50 compared to its current price around $180. He is currently holding puts against the stock.