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Meta Raises $97.5 Billion in Stock Sales to Fund AI Expansion

Meta is conducting one of the largest equity raises by an AI company to fund infrastructure and compute capacity.

Sources: Forbes Middle East, New Straits Times, Ghana Broadcasting Corporation, 24/7 Wall St4 sources ↓|· 1 min read
Meta Raises $97.5 Billion in Stock Sales to Fund AI Expansion
Photo: New Straits Times

KEY POINTS

  • Meta increased its equity fundraising to $97.5 billion
  • Common stock offering priced at $625 per share
  • Depositary shares priced at $50 per share
  • Nvidia plans to invest $3 billion in the offering
  • Meta expects $135 billion to $145 billion in 2026 capital expenditures

Meta Platforms launched a $35 billion stock sale on Monday to fund its artificial intelligence expansion. The company increased its common stock offering from $22.5 billion to $25 billion, priced at $625 per share. It also priced 250 million depositary shares at $50 per share.

The offerings consist of Class A common stock and depositary shares representing newly issued Series A mandatory convertible preferred stock. Meta expects capital expenditures of $135 billion to $145 billion in 2026 as it expands infrastructure and compute capacity.

“We expect investors to continue to question the financing and potential for future capital raises.”

— William Blair analysts

Nvidia, Advanced Micro Devices, and Broadcom have indicated interest in buying up to $5 billion of Class A shares. Nvidia separately said it would invest $3 billion in Meta's equity offering.

Morgan Stanley and Goldman Sachs are acting as lead joint bookrunning managers. Meta also plans to launch a separate at-the-market share sale program worth up to $60 billion after its new non-voting Class C shares begin trading, expected in the first quarter of 2027.

Meta's shares fell about 1.4 percent in morning trading. William Blair analysts said investors will likely continue to question the financing and potential for future capital raises.

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