---
title: "Meta says it will create a new class of nonvoting stock to raise the capital it needs for developing AI models, with an effective date in January 2027 (Meghan Bobrowsky/Wall Street Journal)"
type: signal
url: https://frontiernewswire.com/s/meta-says-it-will-create-a-new-class-of-nonvoting-stock-to-raise-the-a58dc0c8
published: 2026-10-21T20:20:01.000Z
byline: "Source: TECHMEME"
---

# Meta says it will create a new class of nonvoting stock to raise the capital it needs for developing AI models, with an effective date in January 2027 (Meghan Bobrowsky/Wall Street Journal)

Source: TECHMEME · Published 2026-10-21 · Canonical: https://frontiernewswire.com/s/meta-says-it-will-create-a-new-class-of-nonvoting-stock-to-raise-the-a58dc0c8

Meghan Bobrowsky / Wall Street Journal : Meta says it will create a new class of nonvoting stock to raise the capital it needs for developing AI models, with an effective date in January 2027 — The company, which reported record revenue of $64.2 billion for the third quarter, said the new stock won't affect Mark Zuckerberg's voting control

## Sources

- [Read the original at TECHMEME](https://www.techmeme.com/261021/p47#a261021p47)

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