Ackman Loads 11% Into Meta Despite Druckenmiller Dump, Analysts Target 50% Rally

Billionaire Bill Ackman's Pershing Square holds 11% of assets in Meta Platforms amid 16% in Uber, countering Stanley Druckenmiller's full Meta exit on April 24 at $664.68. Druckenmiller pivoted to Amazon ($260.08) and Alphabet ($4.1T market cap), citing doubts on Meta's AI and Reality Labs spending, but Ackman's conviction aligns with analysts' $1,015 target (~50% upside from $675) and Meta's ad growth (+12% impressions, +9% price per ad). This billionaire divergence fuels volatility, pressuring Meta short-term while highlighting AI ad/mobility upside potential.