Meta and SpaceX Secure Billions of Dollars for Artificial Intelligence Investments

Meta announced plans to raise up to $95 billion through a $35 billion share offering and the sale of $60 billion in non-voting shares to finance its artificial intelligence investments. During the same period, SpaceX, led by Elon Musk, announced the completion of a $40 billion debt round for data centers and chip purchases supporting the Grok artificial intelligence model.

It was noted that chip manufacturers such as Nvidia, AMD, and Broadcom showed interest in Meta's planned share offering and sales process with a $5 billion purchase. Meanwhile, SpaceX's $40 billion debt financing was led by Apollo and Goldman Sachs, with participation from BlackRock and KKR as well. It was stated that these moves took place in a competitive capital-raising environment within the technology sector, and Anthropic is also expected to conduct a major initial public offering process as the year progresses.