Some analysts believe a major social media giant's equity could surge 70% — even as its CEO doubles down on AI infrastructure investments worth tens of billions. The bullish thesis? Massive capital expenditure today might unlock dominant market positioning tomorrow. Wall Street's split on this: bears see cash burn, bulls see moat-building. With AI compute becoming the new arms race, companies that scale infrastructure first could capture outsized returns. The question isn't whether AI spending is excessive — it's whether competitors can afford to keep pace. Market sentiment often lags transformative capex cycles by 12-18 months.