Fact Check: Bill Ackman Did NOT Write On Bluesky That He Suggests Buying That Platform To Shut It Down

Fact Check

  • by: Uliana Malashenko
Fact Check: Bill Ackman Did NOT Write On Bluesky That He Suggests Buying That Platform To Shut It Down Fake Post

Did billionaire hedge fund manager Bill Ackman post on Bluesky that he suggests acquiring that platform to shut it down to "prevent further fracturing of the town square"? No, that's not true: The viral image showed a fake post from a suspended account. Ackman's representative confirmed to Lead Stories that the billionaire didn't write the post attributed to him and that Ackman doesn't have a Bluesky account.

The claim appeared in a post (archived here) on X on November 20, 2024. It opened:

why not just let people enjoy a different website?

An image of what looked like a Bill Ackman post on BlueSky continued:

Something to consider:
Bluesky's value is estimated at $500M-
$1B. Acquiring and shutting it down
could prevent further fracturing of the
town square. This cost may be justified
to preserve market dominance and
avoid fragmentation, which, while
draconian, ultimately keeps people
together.
This is what the post looked like on X at the time of writing:
Screenshot 2024-11-20 at 4.30.41 PM.png
(Source: X screenshot taken on Wed Nov 20 21:30:41 2024 UTC)

A search for the account's name from the shared image led to a suspended account (archived here) on Bluesky:

Screenshot 2024-11-20 at 4.32.28 PM.png
(Source: Bluesky screenshot taken on Wed Nov 20 21:32:28 2024 UTC)

When asked whether Ackman (archived here) wrote what was attributed to him, Francis McGill, a spokesperson for Ackman's firm Pershing Square Capital Management, L.P. , told Lead Stories via email on November 20, 2024:

No. This is a fake.

Answering a follow-up question via email the same day, McGill added that Ackman doesn't have an account on Bluesky.

A search for the exact wording from the supposed post seen here (archived here) led to a November 4, 2024, entry on a sports forum (archived here) that cited the fake post more than two weeks before it was allegedly posted.

A search across Google News for the keywords seen here (archived here) across 2024 articles didn't show any reporting confirming the claim.

Other Lead Stories fact checks of claims concerning technology can be found here.

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  Uliana Malashenko

Uliana Malashenko joined Lead Stories as a freelance fact checking reporter in March 2022. Since then, she has investigated viral claims about U.S. elections and international conflicts in Gaza and Ukraine, among many other things. Before Lead Stories she spent over a decade working in broadcast and digital journalism, specializing in covering breaking news and politics. She is based in New York.

Read more about or contact Uliana Malashenko

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