AIThe Informationabout 2 hours ago
Meta Plans $95 Billion Stock Sale for AI
1 min read
Meta plans to raise up to $95 billion through equity sales to fund its AI infrastructure buildout. The company will sell $22.5 billion in Class A stock and $12.5 billion in depositary shares converting in August 2029. An additional $60 billion comes from open market sales of new Class C shares starting likely in the first quarter of 2027.
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