Meta to issue new non-voting share class to fund its AI push, trading from 2027
The Verge AI · rss · 2026-10-22
As part of its Q3 earnings, Meta announced it will create a new class of non-voting shares to fund its AI initiatives, potential acquisitions, and employee compensation, with trading beginning in 2027.
- Meta cited the "significant" scale of investment needed to compete, sustain growth, and expand infrastructure amid the industry's AI transformation.
- CFO Susan Li said the new share class will "expand our funding tools" — a new financing channel under mounting AI capex pressure.
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