Story perspectives

Meta Raises $25B in Stock Sale at $625

By Drooid · Oct 27, 2026, 6:27 PM UTC · How we work

Summary

Story summary

Meta Platforms launched a $25 billion common stock sale at $625 per share.
Demand reached about five times the shares offered.
Long-term investors bought more than half the shares.
Meta added a $12.5 billion mandatory convertible preferred stock paying a 6.5% dividend.
Nvidia pledged to purchase $3 billion of the shares.

History

Historical Context

In May 2012 Facebook went public on Nasdaq at $38 a share, raising $16 billion and valuing the company at $104 billion—the largest tech IPO then. The deal, underwritten by Goldman Sachs, Morgan Stanley and JPMorgan, set a benchmark for massive equity raises. Meta’s 2024 $25 billion common-stock sale, bolstered by Nvidia’s $3 billion pledge, echoes that precedent, showing continued investor appetite for large-scale tech offerings.

1 of 2

Story summary

Meta Platforms launched a $25 billion common stock sale at $625 per share.
Demand reached about five times the shares offered.
Long-term investors bought more than half the shares.
Meta added a $12.5 billion mandatory convertible preferred stock paying a 6.5% dividend.
Nvidia pledged to purchase $3 billion of the shares.

1 / 2