Michael Burry Flags 'Structural Manipulation' Risk In Nasdaq Rules Ahead Of Potential SpaceX Listing

Michael Burry, the investor made famous by the 2008 financial crisis trade, used X on Friday to blast Nasdaq’s proposed rule changes ahead of SpaceX‘s anticipated initial public offering (IPO).“This is the most SHAMELESS structural manipulation of a major index I’ve ever seen,” Burry wrote.His target: two specific rule proposals Nasdaq quietly floated in February that critics say were designed around a single company.SpaceX, the Tesla Inc (NASDAQ:TSLA) CEO Elon Musk-led commercial spaceflight company, is re ...