Meta plans up to $95 billion equity raise to fund its AI buildout

The Facebook parent is pairing a roughly $35 billion stock offering with a separate at-the-market program worth up to $60 billion Meta Platforms said Monday it plans to raise up to $95 billion by selling stock. It is the largest equity fundraising in the company’s history. The plan has two parts. Meta has launched public offerings worth about $35 billion in common and preferred stock. It also plans a separate at-the-market share sale program worth up to $60 billion. The first piece is the traditional route.

Source: Crypto Briefing