Morgan Stanley and Goldman Sachs

Money Moves

Forward purchasers for the $22.5 billion Class A offering

Meta launched a $35 billion stock sale Monday and plans another $60 billion over time — as much as $95 billion in equity to fund AI infrastructure. The first tranche is $22.5 billion in Class A common stock, sold through investment banks, plus $12.5 billion in preferred shares that convert to common stock in 2029.

Updated 1 hour ago