Meta's board has approved a new class of non-voting Class C shares, to be distributed to shareholders on a one-for-one basis, effective Jan. 19, 2027. This strategy allows Meta to raise equity for its AI buildout without diluting Mark Zuckerberg's approximately 60.6% voting power. Advisers estimated Meta could raise about $700 billion, though CFO Susan Li clarified this figure is a "theoretical maximum" for founder control analysis, not a current financing plan.