Meta launches about $35 billion in equity offerings, plans up to $60 billion more for AI
The Financial Times identifies Nvidia, AMD and Broadcom as prospective cornerstone investors in the financing plan.
TLDR
Reuters reports that Meta launched about $35 billion in common and convertible preferred stock offerings on Oct. 26. A separate program for sales of up to $60 billion would follow the start of trading in non-voting Class C shares, expected in the first quarter of 2027. CNBC puts the overall fundraising plan at $95 billion, a target rather than proceeds already raised.
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