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Michael Burry, a prominent hedge fund manager, appears to have cancelled his Twitter account this week, just hours after praising Elon Musk’s leadership of the redesigned social networking site.
As of early Friday afternoon, the @michaeljburry Twitter handle displayed the phrase “this account does not exist,” indicating that Burry had either deactivated or destroyed the account. Multiple “tracker” accounts that followed Burry’s feed also reported that it had been taken offline.
It is unknown why Burry deleted his account or if his choice to leave the network is permanent. The Post has requested response from his hedge fund, Scion Asset Management.
Burry had amassed more than one million followers on Twitter, where he routinely shared his opinions on the stock market and other economic topics. The author of “The Big Short” was known to erase his tweets immediately after writing them.
Days before his account was deleted, Burry stated that he no longer intended to remove his tweets, citing his “confidence” in Musk’s Twitter management.
“Ok I will not remove going forward. Elon has my confidence. “For now,” tweeted Burry on Monday.
Burry has supported Musk’s takeover of Twitter. In April of last year, when Musk revealed that he had acquired a stake in Twitter, Burry tweeted that Musk’s involvement with the social media platform was “excellent for America.”
The 2015 film “The Big Short” brought Michael Burry to prominence.
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In recent years, Musk and Burry have repeatedly traded public insults over Burry’s negative outlook on Tesla’s stock price. Burry reignited the dispute in September when he tweeted that he “should be” shorting the electric car manufacturer’s stock.
Burry also criticized Musk in July after it was revealed that the billionaire fathered twins with a Neuralink executive, the business he co-founded.
Michael Burry is the chief executive officer of Scion Asset Management.
This is not Burry’s first time deleting his Twitter account.
In November 2021, when Musk reported a big sell of his Tesla shares for tax purposes, Burry criticized the billionaire by stating he “doesn’t need cash. Musk retaliated by referring to Burry as a “broken clock” and asserting that Burry’s sole objective is to sell Tesla.
After the exchange, Burry canceled his account, only to subsequently restore it.
Christian Bale portrays Burry in the 2015 film “The Big Short,” which recounted his bet on the U.S. housing market. As a result, Burry gained notoriety.
Burry warned at the end of last month that the US economy was virtually bound to a “multi-year recession” due to the absence of viable policy choices to address deteriorating macroeconomic conditions.
»Michael Burry deletes Twitter account despite expressing ‘confidence’ in Elon Musk«