Meta eyes record $95 billion equity raise to fund AI expansion

Meta Platforms said on Monday it plans to raise up to $95 billion in ‌its largest-ever equity fundraising, as the social media giant spends aggressively on its costly AI infrastructure expansion.

The Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a separate at-the-market share sale program worth up to $60 billion.

The company will launch the larger ​share sale program after its new non-voting Class C shares begin trading, which is expected in the first quarter of 2027, but ​said it has not yet finalized its timing and terms of the sale.