Meta plans to raise up to $95bn through equity offerings to fund AI infrastructure and personal superintelligence, including about $35bn in concurrent underwritten offerings. Nvidia, AMD and Broadcom have expressed non-binding interest in buying up to $5bn of Class A shares, and a $60bn at-the-market programme for Class C stock is planned to start after trading begins in the first quarter of 2027, though it has not yet been established. Meta expects 2026 capital expenditure of $135bn-$145bn; revenue rose 26% to $64.6bn in the latest quarter, but capex of $34.9bn pushed free cash flow to negative $2.1bn. The company held $82.5bn in cash, cash equivalents and marketable securities at the end of September. The move follows Alphabet's $80bn equity raise in June and SpaceX's approximately $40bn master finance lease with an Apollo-managed entity.
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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 | $1.7T |
| Close on 10/27/2026 | 620.12 |
| Change that session | -1.66% |
NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/27/2026 | 217.88 |
| Change that session | +0.87% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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