Meta Considers Raising Billions in Equity to Fund AI Infrastructure; Stock Drops 5.5% on Friday

According to the Financial Times on Friday, June 5, Meta is evaluating plans to raise billions of dollars through equity offerings to fund its massive AI infrastructure investments. The report, citing people familiar with the matter, indicates that Meta's internal discussions on financing options accelerated following Alphabet's successful $84.75 billion capital raise this week.

Meta's stock fell 5.5% on Friday to close at $593 per share. In a statement, a Meta spokesperson called the reports "speculation," though the company emphasized it would pursue flexible funding approaches to support its AI development plans.