Short-seller Jim Chanos warns of 2021-style market mania — and says Elon Musk should get his mammoth pay package

• Jim Chanos warned market speculation is approaching the absurd excesses of 2021.
• The short seller flagged the resurgence of meme stocks like GameStop and SPACs as dangerous trends.
• The longtime Tesla bear said the company should honor Elon Musk's mammoth compensation deal.

Jim Chanos clanged the alarm on market mania — and called for Elon Musk to receive his contested mammoth pay package.

The famed short-seller and Tesla bear told Bloomberg on Wednesday that 2021 was the "most speculative market" he'd seen in four decades of investing — and "we're getting back to that."