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Exclusive: Meta Plans Nonvoting Shares, Eyeing More Stock Sales to Fund Its AI Dreams

Meta plans new non-voting shares to finance chips, data centers and acquisitions as it lifts capital spending to $135 billion to $145 billion.

Summary by Semafor
The company plans to offer new stock that wouldn’t dilute Mark Zuckerberg’s control stake.

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Meta to issue new class of shares as it tightens AI spending forecast

·London, United Kingdom
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Meta would be considering issuing non-voting shares to finance an AI expansion that could require up to $145 billion in capital expenditure during 2026. The alternative would allow for capital addition without altering Mark Zuckerberg’s voting power, although it would transfer economic risk to new shareholders without giving them corporate influence.

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New York Post broke the news in New York, United States on Wednesday, October 21, 2026.
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