‘The Big Short’ star Michael Burry invested in a SPAC buying Harley-Davidson’s electric-motorcycle unit. He might be trolling Elon Musk or nodding to Warren Buffett.
Michael Burry built a $10 million stake in a SPAC buying Harley-Davidson’s electric-motorcycle unit.
“The Big Short” investor, who bet on a key SpaceX rival last year, may be trolling Elon Musk.
Warren Buffett, a key influence for Burry, loaned $300 million to Harley-Davidson in 2009.
Michael Burry recently revealed a $10 million bet on an electric-motorcycle maker. The investor may be warming up to special-purpose acquisition companies (SPACs), thumbing his nose at Tesla and SpaceX CEO Elon Musk, or placing a bold wager on a business with historical links to Warren Buffett.
Burry is best known for his massive bet against the mid-2000s housing bubble, which was immortalized in the book and movie “The Big Short.” The Scion Asset Management boss also laid the groundwork for the meme-stock movement by investing in games retailer GameStop in 2019, and clashed with Musk last year over