Meta raises its AI equity financing plan to $97.5 billion
On 27 October 2026, Meta increased its equity financing plan from $95 billion to $97.5 billion to support investment including AI infrastructure. The total combines launched offerings with a still-conditional future program.
The initial stage totals $37.5 billion: $25 billion in common stock at $625 a share and $12.5 billion in convertible preferred securities. Meta expects the common-stock offering to close on 29 October, subject to conditions.
The remaining $60 billion represents proposed gradual sales after Class C shares start trading in the first quarter of 2027. Their terms are not final. Proceeds from common shares sold under forward agreements will arrive when those agreements are subsequently settled; the headline total is therefore not cash already available.