Meta creates non-voting Class C stock to fund AI buildout
Read original source →decrypt.co
Meta set 2026 capex at $135B–$145B and will hand Class A/B holders one non-voting Class C share per share on Jan. 19, 2027, a de facto 2-for-1 split. Moelis advised Meta could raise ~$700B in equity before Zuckerberg's 60.6% vote falls below 50%.
People · Mark Zuckerberg, Susan Li
How this story unfolded
1 day · 8 reports · from Oct 21
- Oct 21
- Oct 22
Meta Gains on Results, New Stock Class to Fund AIbloomberg.com
Meta wants to pay for its broad AI buildout with a newly created class of stocktechcrunch.com
Meta Makes Share Deal to Keep Zuckerberg in Californiabloomberg.com
Meta Doubles Down on AI Spending, Plans New Class C Sharesbloomberg.com
Meta Creates Non-Voting Stock to Fund AI Buildout, Keeping Zuckerberg in Controldecrypt.co
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