Michael Burry deletes Twitter account despite saying Elon Musk has his ‘trust’

Famed hedge fund boss Michael Burry seems to have deleted his Twitter account this week, simply hours after he praised Elon Musk’s management of the revamped social media web site.

The @michaeljburry Twitter deal with displayed a message that learn “this account doesn’t exist” as of early Friday afternoon, signaling Burry had both deactivated or deleted the account. A number of “tracker” accounts devoted to following Burry’s feed additionally famous it was taken offline.

It’s unclear what prompted Burry to delete his account, or whether or not his choice to go away the platform is everlasting. The Submit has reached out to his hedge fund, Scion Asset Administration, for remark.

Burry had constructed a large viewers of a couple of million followers on Twitter – the place he ceaselessly shared his views on the inventory market and different points of the financial system. The “Large Brief” sage was identified to shortly delete his tweets shortly after posting them.

Days earlier than his account disappeared, Burry claimed that he not deliberate to delete his tweets – citing his “belief” in occasional rival Musk’s dealing with of Twitter.

“Okay I can't delete going ahead. Elon has my belief. For now,” Burry tweeted on Monday.

Burry has been supportive of Musk’s Twitter takeover. When Musk first disclosed that he had acquired a stake in Twitter final April, Burry tweeted that his involvement with the social media web site was “good for America.”   

Nonetheless, Musk and Burry have ceaselessly exchanged public barbs lately over the latter’s bearish view on Tesla’s inventory worth. Burry renewed the feud as not too long ago as September, tweeting that he “ought to be” shorting the electrical automobile maker’s inventory.

Michael Burry
Michael Burry was made well-known within the 2015 movie “The Large Brief.”
WireImage

Burry additionally blasted Musk in July following revelations that the billionaire had fathered twins with an govt at Neuralink, the mind chip firm he co-founded.

This isn’t the primary time Burry has deleted his Twitter account.

When Musk disclosed a large sale of his Tesla shares for tax functions in November 2021, Burry referred to as out the billionaire by claiming he “doesn’t want money. He simply desires to promote $TSLA.” Musk fired again by calling Burry a “damaged clock.”

Michael Burry
Burry is head of Scion Asset Administration.
Bloomberg by way of Getty Photographs

Burry deleted his account after the change – solely to later return.

Burry grew to become well-known after his wager towards the US housing market was chronicled within the 2015 movie “The Large Brief, through which he was portrayed by actor Christian Bale.

Late final month, Burry warned the US financial system was primarily doomed to a “multi-year recession” as a result of policymakers lacked any good choices to handle worsening macroeconomic situations.

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