EconomyMeta to issue new share class to fund its AI push

Meta says it will issue non-voting shares to finance AI initiatives, with the stock also available for potential acquisitions and employee compensation. Trading is set to begin in 2027. The company forecasts capital expenditures of $135 billion to $145 billion this year.

MetaAIshare issuancecapital spending

TThe Verge★★★☆☆2026-10-21 21:30Original