Meta Plans Up to $95B in Stock Offerings to Fund AI Infrastructure Buildout

Meta's planned fundraising would be its largest equity raise ever, Reuters reports. It has launched public offerings worth about $35 billion in common and preferred stock, with an up-to-$60-billion sale program planned after Class C shares begin trading. Those shares are expected to begin trading in the first quarter of 2027, but Meta has not finalized the later sale's timing or terms. Nvidia, AMD and Broadcom expressed interest in buying up to $5 billion of Class A shares combined.