On October 28, it was reported that the $25 billion common stock issued by Meta was oversubscribed by about 5 times. The offering price is $625 per share, a 2.7% discount from last Friday's closing price before the release was announced. More than half of the shares issued were distributed to long-term investors and existing shareholders, and the 15 investors with the largest subscription scale were allotted 70% of the shares in total. Meta also plans to issue $12.5 billion in compulsory convertible preferred shares, and is expected to raise the overall equity financing scale to $98 billion through market expansion plans, which will be used for AI infrastructure construction and personal super-intelligence research and development.

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