Meta Announces $95 Billion Stock Offering to Fund AI Infrastructure and Superintelligence Push

Meta said Monday it plans to raise a total of $95 billion to fund its investments in AI infrastructure and superintelligence, and its stock rose about 1.6% to 2% in premarket trading. The company said it will first raise $35 billion through underwritten public equity offerings, then another $60 billion through an at-the-market program. Meta said Nvidia, AMD and Broadcom were interested in buying up to $5 billion in shares. Semafor reported it is Meta's first stock issuance since 2013 and that about $60 billion will be new nonvoting shares the company created last week. Meta said the money will support its family of apps, its AI agent Muse and its data center business, alongside operating cash flow, investment-grade debt and partnerships. The offering exceeds Google's $85 billion and Oracle's $25 billion stock sales this year. Goldman Sachs estimates AI-related capital spending could reach about $7.6 trillion from 2026 through 2031. Last week Meta reported third-quarter revenue up 26% to $64.60 billion, above the $63.37 billion analysts expected, but investors focused on negative free cash flow and a higher full-year capital spending forecast.

Right-leaning outlets had not reported this story at the time of writing, while left-leaning and alternative/independent outlets had. The New York Times, the only left-leaning outlet here, pairs Meta with SpaceX in its headline, saying both will raise billions more, and frames the story as AI infrastructure consuming ever larger amounts of cash at the biggest tech companies. The excerpt gives no figures. The alternative outlets supply the specifics. CNBC lists the $35 billion and $60 billion tranches, the chipmaker interest and quarterly results. Semafor stresses Mark Zuckerberg's control stake and tax bill, and says credit investors are scared while stockholders seem calm.