The same filing says Meta intends to enter into an equity distribution agreement for an at-the-market program of Class C common stock of up to a maximum aggregate offering amount of $60 billion, "not expected to commence until the first quarter of 2027"; it says "The Company has not entered into any agreement with respect to any such program."

The exact words it rests on

Meta may sell, from time to time through or to a manager, Class C Common Stock, up to a maximum aggregate offering amount of $60 billion. Such program is not expected to commence until the first quarter of 2027 ... The Company has not entered into any agreement with respect to any such program

What the source said when we opened it, on 30 Oct 2026.

The source

Meta Platforms Form FWP, launch of offering (26 Oct 2026)
SEC EDGAR · 2026-10-26

Open the sourcearchived copy

Checked

Checked by the notis newsroom on 30 Oct 2026, against the source above.

In the story

Meta prices $25bn stock sale as Nvidia and AMD cite Muse AI agents 30 Oct 2026