Skip to content
NewA calmer, faster ZeroHour
StoryAI industryinfo

Meta plans non-voting shares to fund AI without diluting votes

2 sources · 2 articlesFirst reported Updated ()
What's new

First merged summary.

Merged summary · x-ai/grok-4.7 · rewritten as coverage arrivesSummaries by Vani AI

Meta will issue non-voting stock as a dividend to fund AI and other uses, with trading planned for 2027.

Meta confirmed on its third-quarter earnings call that it will create a new class of non-voting capital stock and distribute it to existing shareholders as a dividend. CFO Susan Li said the shares are meant for capital raising, employee compensation, acquisitions and other purposes while preserving Class A and B voting power. Trading is planned to begin in 2027. Meta raised this year’s capital-expenditure guidance to $135 billion–$145 billion, from $130 billion–$145 billion. Third-quarter revenue was $64 billion, up 26 percent year over year, while costs and expenses rose 68 percent. The Verge says Muse hit 10 million US downloads; Zuckerberg said more than 10 million people in the US and Canada had set up Muse agents.

Key facts
  • Non-voting shares will be distributed as a dividend to existing holders.
  • Trading of the new class is planned to begin in 2027.
  • 2026 capex guidance is now $135 billion to $145 billion.
  • Q3 revenue was $64 billion, up 26 percent year over year.
  • Costs and expenses rose 68 percent in the quarter.
  • Semafor first reported the plan; Meta confirmed it on the call.
Explain this AI news with Vani AIWhat was announced, what is new and why it matters, in a new chat

Timeline

dated events in the reporting · oldest first
  1. Oct 21, 2026Meta confirms non-voting stock plan on earnings call · TechCrunch

What each outlet adds

beyond the shared facts
  • The Verge2027 trading date, raised capex range, and Muse sharing pause.
  • TechCrunchDividend structure, Q3 revenue and costs, Reality Labs loss outlook.
Vendors
Meta
Products
Muse CodeMeta MuseMuse
Organizations
OpenAI
Countries
United States
AI models
Muse SparkMuse GlimmerMuse WonderMuse Spark Open

Coverage

oldest first · one row per article · UTC
  1. · 3d ago The Verge · AIFirst report

    Meta to issue a new share class to fund its AI push

    The non-voting stock, also for acquisitions and pay, is set to trade in 2027 as 2026 capex rises to $135–145 billion.

  2. · 3d ago TechCrunch · AI

    Meta plans a non-voting stock class to fund AI spending

    The shares would be issued as a dividend and could raise capital without diluting Class A and B voting power.