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Meta to create a new class of shares to fund AI push

MonitoringAI & TechOtherFirst tracked 2026-10-21Last changed 2026-10-22

Current outcome

Meta's board approved a non-voting Class C stock — distributed one-for-one to existing holders from Jan. 19, 2027, effectively a 2-for-1 split — letting the company sell equity to fund a multi-hundred-billion-dollar AI buildout while preserving Mark Zuckerberg's voting control.

Progress timeline

2 material updates
  1. #01
    Initial2026-10-21 21:30 · publication time

    Meta to create a new class of shares to fund AI push

    Meta will issue a new non-voting class of shares, trading from 2027, to fund its AI buildout, potential acquisitions and employee compensation, as disclosed in its Q3 2026 earnings report.

    Source evidence: The Verge AI · theblockbeats

  2. #02
    Confirmation2026-10-22 19:06 · publication time

    Meta Creates Non-Voting Stock to Fund AI Buildout, Keeping Zuckerberg in Control

    Meta's board approved a non-voting Class C stock — distributed one-for-one to existing holders from Jan. 19, 2027, effectively a 2-for-1 split — letting the company sell equity to fund a multi-hundred-billion-dollar AI buildout while preserving Mark Zuckerberg's voting control.

    Source evidence: Decrypt

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