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Meta creates a new Class C stock to fund AI ambitions and keep CEO Mark Zuckerberg in charge. The company disclosed $825 billion in lease liabilities as of September 30, 2026. This structure allows Zuckerberg to unlock liquidity while preserving voting control for eight years.
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Summary by ByteBrief

Meta Launches Class C Stock in 2027
Meta Creates New Non-Voting Stock Class

Meta says it will create a new class of nonvoting stock to raise the capital it needs for developing AI models, with an effective date in January 2027 (Meghan Bobrowsky/Wall Street Journal)