Meta's board approved non-voting Class C stock on 19/10, and from 19/1/2027 Class A and Class B holders will each receive one Class C share per share held, in effect a 2-for-1 split. Zuckerberg holds about 60.6% of the vote on a 13.4% economic interest, and the structure lets Meta sell equity without diluting his voting power. According to the SEC filing, advisers at Moelis told the board Meta could raise about $700 billion over several years before his voting power fell below 50%, while CFO Susan Li called the “hundreds of billions” figure “a theoretical maximum” and said Meta has nothing to announce on equity financing. The size and timing of any equity sale have not been disclosed.
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Related tickers and likely impact
META
• NeutralMeta Platforms
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.9T |
| Close on 10/21/2026 | 698.43 |
| Change that session | +0.60% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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