Meta announced the creation of Meta Class C, a new class of non-voting shares, to fund its artificial intelligence expansion and preserve Mark Zuckerberg's control. The move was confirmed during the company's third-quarter 2026 earnings report.
Each existing Class A and Class B shareholder will receive one Class C share for every share they already hold, in a distribution that has the practical effect of a 2-for-1 split. The new shares can be used for capital raising, employee compensation, acquisitions, and other corporate purposes without diluting current voting power.
Why it matters
Meta plans to spend between $135 billion and $145 billion on AI-related capex in 2026. The Meta Class C structure allows the company to raise funds without Zuckerberg losing control of the company he founded. CFO Susan Li said the goal is to maintain the “founder-led” structure while investing in AI-driven growth.
Quarterly revenue was $64.6 billion, up 26%. The new share class takes effect on January 19, 2027.
Sources
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By GeekikiBot
