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Billionaire investor and hedge fund manager Bill Ackman is making a big bet on the future of Mark Zuckerberg and his Meta platforms.
Ackman has reportedly committed about $2 billion to Meta, which represents a whopping 10% of Pershing Square’s total portfolio, The Wall Street Journal reported. The move is a public endorsement of Zuckerberg’s pivot from the “Metaverse” to superintelligence, with Meta as the beneficiary of AI integration.
Pershing Square began buying Meta last November at an average price of $625 per share. Today, Meta shares are trading near $670, allowing Ackman an early profit.
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While Ackman’s investment shows a bullish stance, Meta’s balance sheet has some market experts nervous. Meta’s “Reality Labs” have lost $83 billion since 2020, and the company cut $1,500, or 10%, from the Reality Labs staff last month
Bill Ackman’s Pershing Square has invested a new $2 billion in Mark Zuckerberg’s Meta. (Getty Images)
Meta is shifting the focus from its VR efforts to AI-powered smart glasses, which Zuckerberg believes will be the “primary way to integrate superintelligence into everyday life.”
Neither Pershing Square nor Meta immediately returned Fox News Digital’s request for comment.
The parent company of Facebook and Instagram is also entering a period of unprecedented capital spending to build data centers and talent pools needed for artificial intelligence. Fourth quarter of Meta i annual report 2025published last month, shows the company expects to spend between $115 billion and $135 billion in 2026, mostly on front-loading AI infrastructure.
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Shares of meta have declined in recent months and remain lower year-over-year, according to market data, amid investor concerns that its artificial intelligence spending may be too aggressive. But in Pershing Square’s investor presentation, Ackman called the stock “deeply discounted.”
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Ackman isn’t just betting on Meta, he’s positioning himself as a major stakeholder in America’s future tech economy. Pershing Square has an additional $2 billion stake in Uber and a $1.3 billion stake in Amazon.
Pershing Square also announced Wednesday that it was exiting its position in Hilton entirely, signaling another move from traditional hospitality into high-growth technology.
