Meta is exploring raising tens or hundreds of billions of dollars through a stock offering to help fund its growing artificial intelligence investments, sources told the Financial Times and were reported by multiple outlets June 5, 2026 [1, 2, 3]. The company’s shares dropped more than 5% that day amid the reports [1].
This consideration reflects Meta’s planned increase in capital expenditure for 2026 to as much as $145 billion, up from a previous forecast of $135 billion [1]. Meta is looking for creative funding options internally as it readies to boost AI spending significantly, according to three anonymous sources cited by the FT [2, 3].
Despite the reports, Meta has not yet engaged banks to manage a stock offering and may ultimately decide not to issue new shares, leaving all funding options open [1, 2, 3]. A spokesperson for the company dismissed the FT's report as "pure speculation" but said, "We've been clear that huge opportunities lie ahead in AI, and we'll continue focusing on raising capital in the most flexible ways to support that" [1].
Meta’s recent moves show a strong focus on securing funds for AI. In October 2025, the company filed for its largest-ever bond issuance of $30 billion and arranged a separate $27 billion financing deal with Blue Owl Capital [2, 3]. At the same time, Alphabet raised its 2026 capital target to $85 billion, up from $80 billion, following a stock issuance targeting $84.75 billion [1, 2, 3].
Meta raised its capital expenditure guidance in April 2026 to between $125 billion and $145 billion, confirming the upper range in multiple reports [1, 2, 3]. The company’s push to secure flexible funding signals its intent to maintain strong investment in AI development and infrastructure.
The news on June 5 is the latest update in Meta’s multi-step capital strategy to fund AI, following bond and financing deals filed last October. How much capital Meta finally raises through stock or other instruments has not been determined yet, with discussions ongoing behind the scenes [1, 2, 3].
