Nvidia, AMD and Broadcom eye up to $5 billion of Meta stock.

Meta plans to raise $95 billion in new equity against $135 billion to $145 billion of 2026 capital spending.

$35 billion sells now, then $60 billion in non-voting Class C shares, which leave Mark Zuckerberg’s voting control undiluted.

Elon Musk said 200+ neocloud firms face “guppy-level death and consolidation” as debt markets shut.

Meta starts the $60 billion offering once Class C shares begin trading.

How each outlet framed it

drawn from 90+ reports worldwide

The Guardian
frames the $95bn raise as a response to Musk's warning that neocloud funding is drying up
Asianet News Network Pvt Ltd
breaks down the $35bn tranche into $12.5bn mandatory convertible preferred and $22.5bn forward-sale common stock
News18
notes the non-voting Class C shares let Meta raise capital without diluting Zuckerberg's control

Sources: The Guardian, Asianet News Network Pvt Ltd, News18