Meta 拟发售最高 950 亿美元股票，为 AI 基建筹资
Meta plans up to $95 billion in stock sales to fund its AI buildout
Meta 计划通过发售新股筹集最高 950 亿美元，用于 AI 基础设施建设。其中约 225 亿美元来自 A 类普通股，125 亿美元来自存托股份，其余 600 亿美元将在 C 类股开始交易后通过公开市场持续出售。C 类股无投票权，可避免稀释 CEO Mark Zuckerberg 的控制权；Nvidia、AMD 和 Broadcom 已表示有意购买最高 50 亿美元的 Meta 股票。
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Meta plans to sell new stock to raise money for its AI infrastructure buildout. According to The Information, the company plans to sell up to $95 billion in shares .
About $22.5 billion will come from selling Class A common stock, according to a Meta announcement . Another $12.5 billion will come from depositary shares, each representing one-twentieth of a new preferred share. Unless they're converted earlier, these preferred shares will automatically convert into common stock in August 2029. The remaining $60 billion will come from ongoing sales on the open market once new Class C shares start trading, likely no earlier than the first quarter of 2027.
Right now, Meta has Class A shares with one vote each and Class B shares with ten votes each. Entities controlled by CEO Mark Zuckerberg hold most of the Class B shares. The Class C shares, which Meta announced last week, carry no voting rights. That lets Meta raise money without diluting Zuckerberg's control. According to the announcement, Nvidia, AMD, and Broadcom have expressed non-binding interest in buying up to $5 billion in Meta stock.