Michael Burry was no longer a verified user of the social-media platform, so he decided to stop using it. The investor was promised by Musk that his blue checkmark would be restored.
The fund manager of "The Big Short" fame wrote about his last tweet with a blue check mark. He was referring to a now- deleted message in which he said that buying enough shares to control Twitter would be good for America.
Even though he shorted the company, Musk replied, "You will get it back, even though you are a bastard."
—Elon Musk (@elonmusk) April 10, 2022
The CEO of the two companies revealed this week that he spent $3 billion to build a 9.2% stake in the company. Musk agreed to join the board and limit his stake to 14.9% during his tenure as a director.
The man who runs the asset management company is best known for his bet against the mid-2000s housing bubble and for buying stock in the video game company months before it skyrocketed in January 2021.
The investor has ridiculed the valuation of the company. He accused Musk of selling his shares in the electric-vehicle company to pay off his debts and not to pay taxes.
Musk referred to the claims as "Burry is a broken clock."
In the first six months of 2021, the company held put options against the stock, but sold them in the third quarter of last year.
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