Morgan Stanley and Goldman Sachs

Money Moves

Forward purchasers for the $22.5 billion Class A offering

Meta priced the first phase of its equity raise on October 27: $25 billion of common stock at $625 a share and $12.5 billion of convertible preferred shares, for $37.5 billion. The company now plans up to $97.5 billion in equity, including a $60 billion at-the-market program tied to non-voting Class C shares expected to trade in the first quarter of 2027.

Updated Oct 27