After losing his verification bade on the social platform, Michael Burry slammed Twitter on Saturday night after losing his verification badge. Elon Musk promised the “Big Short” investor that his blue checkmark would be reinstated but couldn’t resist teasing him for betting against Tesla.
“Interesting- my last tweet with a blue checkmark was this one,” the fund manager of, “The Big Short” fame wrote. He was referring to a now-deleted tweet in which he said, perhaps sarcastically, that Musk “buying enough shares to control Twitter would be good for America.”
“You will get it back, even though you shorted Tesla, you bastard,” Musk replied, ending his tweet with a crying-with-laughter emoji.
The Tesla and SpaceX CEO revealed this week that he purchased a 9.2% stake in Twitter, an equivalent to $3 billion. The deal makes him the largest shareholder of the social platform. Musk also agreed to join Twitter’s board and limit the size of his stake to 14.9% during his tenure as a director.
Burry runs Scio Asset Management and is famous for his bet against the mid-2000 housing bubble. The investor had also bought GameStop stock months before it surged to all-time highs in January 2021.
The investor has also made fun of Tesla’s heady valuation and wagered its stock would nosedive. Furthermore, he accused Musk of selling Tesla shares last year not to pay more taxes but to capitalize on the electric-vehicle company’s overheated stock price and pay off personal debts.
“Burry is a broken clock,” Musk responded to the claims, referring to Burry’s repeated warnings about market crashes in recent years.