META is planning $95B of equity financing, before underwriter options, to support its AI buildout:
>$12.5B of mandatory convertible preferred stock, expected to convert into common shares in August 2029.
>$22.5B of common stock through forward sale agreements. Meta receives the
Energy Abundance, AI Power & Data Centers, NBA, & Rap posts. Background in equity & credit markets, startups, & IB. Personal views NOT employers. NOT advice.



