Meta is seeking to attract $85 billion in investments to finance its spending on AI

Meta Platforms aims to raise up to $95 billion to fund AI investments through public offerings of common and convertible preferred stock. The company plans to sell approximately $35 billion in public offerings, including $22.5 billion in Class A common stock and $12.5 billion in preferred stock deposit certificates. Additionally, Meta intends to initiate a market sale program for about $60 billion in Class C shares, expected to start in Q1 2027. Nvidia, AMD, and Broadcom have expressed interest in purchasing up to $5 billion in Class A shares, but these are not binding commitments. In Q3 2026, Meta reported a net profit of $9.86 billion, a 264% increase year-over-year, with revenues of $64.6 billion, up 26%. The company also raised its capital expenditure forecast to $135 billion to $145 billion.