Zuckerberg does not intend to relinquish control over Meta. He wants to control the conglomerate even after his death
A recent SEC filing reveals escalating tensions between Mark Zuckerberg and Meta's board, with threats exchanged and potential resignations considered. The conflict centers on control over the company amid plans for new stock types to fund AI investments. Board members sought to limit Zuckerberg's power, proposing he lose special voting rights under certain conditions, which he rejected, intensifying negotiations. Meta plans to raise up to $95 billion for AI infrastructure, with a shelf registration allowing future securities issuance. The company aims to sell shares gradually, depending on market conditions, as it increases AI development spending.