Billionaire Bill Ackman announced he is now backing Andrew Cuomo in New York City’s mayoral race — in a dramatic about-face after he previously endorsed Mayor Eric Adams, claiming the former New York governor did not have the energy to defeat surging socialist Zohran Mamdani.

Just two months ago, Ackman had endorsed Adams and called on Cuomo to drop out of the race, claiming his “subdued energy” made it “abundantly clear” that the ex-governor “is not up for the fight” to take down Mamdani.