Meta Launches $95 Billion Stock Offering to Fund Accelerating AI Infrastructure Buildout

Meta announced a $95 billion equity offering on October 26, 2026, to finance its unprecedented expansion of AI infrastructure and product development, as the company battles OpenAI and Anthropic for dominance in artificial intelligence. The dual-track fundraising strategy comprises an immediate $35 billion public offering—consisting of $22.5 billion in Class A common stock and $12.5 billion in mandatory convertible preferred stock—plus a planned $60 billion at-the-market offering set to launch in the first quarter of 2027 upon the debut of Meta's newly created non-voting Class C shares.