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Meta launches $35 billion share sale to fund AI, plans $60 billion more
Meta Platforms is raising about $35 billion through two share offerings to fund its artificial intelligence investments and plans a further stock sale program of about $60 billion.
Meta Platforms announced two offerings totaling about $35 billion: roughly $22.5 billion in Class A common stock and about $12.5 billion in 250 million depositary shares representing preferred stock. The company said the money will go to "AI infrastructure and personal superintelligence."
Meta also plans to launch an additional share sale program of about $60 billion once its Class C common shares begin trading. Nvidia, AMD and Broadcom have expressed interest in buying up to a combined $5 billion of the Class A offering.
The company expects capital expenditures of $135 billion to $145 billion in 2026 and says its AI spending is paying off through higher user engagement, better ad performance and stronger monetization. As of September, 3.64 billion people used at least one Meta app every day.
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