Meta is considering creating a new class of non-voting stock to finance its artificial intelligence investments without reducing Mark Zuckerberg’s voting power. The company has not officially confirmed such an issuance. Meta expects capital expenditures of between $130 billion and $145 billion by 2026, primarily for data centers and other technology infrastructure. Zuckerberg held approximately 61% of the voting power but only 13.5% of Meta’s economic shares as of mid-2026. Short interest in Meta shares has risen by more than 20%, equivalent to 33 million shares, since mid-August 2026, fueling speculation about a major equity offering.
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