Meta creates non-voting Class C stock to fund AI buildout
Read original source →decrypt.co
Meta's board approved Class C shares on Oct. 19, distributed one-for-one to Class A and B holders starting Jan. 19, 2027, letting it raise equity without diluting Mark Zuckerberg's 60.6% vote. Capex guidance rose to $135B–$145B for 2026; Moelis told the board Meta could raise ~$700B before Zuckerberg's stake fell 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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