Meta Platforms plans to raise up to $95 billion through equity offerings, its largest ever, to fund its AI infrastructure buildout, and the stock fell about 2% during the day. The plan includes public offerings of about $35 billion in common and preferred stock, plus a separate share sale program of up to $60 billion that will start after its non-voting Class C shares begin trading, expected in the first quarter of 2027. Nvidia, AMD and Broadcom have also shown interest in buying up to $5 billion of Class A shares in total. Meta has committed about $825 billion in future spending, mostly on data centers and AI, while its third-quarter free cash flow was negative $2.12 billion, the first negative quarter in over a decade, even as revenue reached $64.6 billion, up 26%. William Blair said investors will keep questioning the financing and possible future raises, but views the raise as a sign of Meta's confidence in long-term AI returns, though the path may not be linear.
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Related tickers and likely impact
META
▼ Likely negativeMeta Platforms
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.7T |
| Close on 10/26/2026 | 630.56 |
| Change that session | -1.88% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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