AI Development
Meta reports Q3 2026 results and establishes new Class C non-voting stock
Editorial Analysis
Meta reported Q3 revenue of $64.6 billion and raised 2026 capex outlook to $135-145 billion for AI. It approved a new non-voting Class C stock class effective January 2027 to fund AI infrastructure and growth while preserving founder control.
At a Glance
Date
October 22, 2026
Importance
High
4/5
Category
markets
Axis of Change
Capital Concentration
Organizations
Models Affected
Sources