Meta's $25B share sale oversubscribed 5x

Meta Platforms' upsized $25 billion share sale drew demand for about five times the available shares. The company is raising funds toward $98 billion in AI spending, with the 15 largest investors taking roughly 70% of the shares.

• Demand for Meta's share sale was about 5x the available shares
• Meta is raising $25B toward $98B in AI spending
• The 15 largest investors accounted for ~70% of shares