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Meta is raising up to $95 billion in equity to fund its AI buildout

Meta launched about $35 billion of stock offerings and plans a $60 billion at-the-market program not expected to start until 2027

Photo by Laurent Hou/Hans Lucas /AFP via Getty Images

Meta $META Platforms launched concurrent stock offerings on Monday as part of a plan to bring in up to $95 billion of equity financing, the company said.

The company said the plan includes about $35 billion of underwritten public offerings. Those consist of about $22.5 billion of Class A common stock and about $12.5 billion of depositary shares representing Series A Mandatory Convertible Preferred Stock. The depositary share offering covers 250 million shares, each representing a 1/20th interest in a........

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