Semafor: Meta is creating non-voting Class C shares so it can raise AI money without diluting Mark Zuckerberg's control. Holders will get 1 Class C share for each Class A or B share once the charter changes
Meta plans to create non-voting Class C shares, issuing one per existing Class A/B share after a January 19, 2027 charter change — economically like a 2-for-1 split that leaves all voting power untouched. The structure, modeled on Alphabet's (which sold $85B of stock this year), lets Meta fund $135–145B of AI capital spending without diluting Zuckerberg's control. It shows how far Big Tech will reshape corporate finance to keep the AI buildout funded.
SOURCES
- Rohan Paul2026-10-22 03:47