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Rohan Paul· @rohanpaul_ai · X· 2026-10-22 11:52 · Original publication time AI score46

Meta to create non-voting share class to raise outside equity for AI build-outMachine translation

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According to an account attributed to the Financial Times, Meta is creating a share class that gives investors economic rights without votes to meet its AI build-out’s need for outside equity. The material also says Mark Zuckerberg committed to live in California or wherever Meta is headquartered for eight years.

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Rohan Paul@rohanpaul_ai

FT: Meta’s AI build-out now needs outside equity on a scale that its founder-control structure could not absorb, so the company is creating a share class that gives investors economics with no votes.

i.e. now Meta will issue non-voting shares that let Mark Zuckerberg sell stock while keeping control of the company.

In return, Zuck has committed to live in California, or wherever Meta is headquartered, for 8 years after telling directors he might leave.

The threat was Proposition 40, a one-time 5% tax on California billionaires that goes to voters on November 3.

11:52 · 2026-10-22 · UTC+8

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