Business · Companies · 12 hrs ago
Meta and SpaceX seek billions to fund AI expansion
SpaceX plans to borrow $40 billion, while Meta is preparing a major share issue to finance their artificial intelligence ambitions.
The companies are part of a wider race to build the infrastructure needed for AI.
Investors are concerned that the companies may not earn back what they invest in that infrastructure.
Some AI companies also finance one another, which could spread problems if one runs into trouble.
Meta’s shares fell 7% last week after it announced additional investment, while the Nasdaq fell about 2% over a week amid AI concerns.
The spending and its uncertain returns are putting pressure on technology stocks, but no further steps are specified.
SpaceX plans to borrow $40 billion and Meta plans a major share offering to fund their artificial intelligence ambitions.
The moves come as major technology companies spend increasingly large sums to build AI infrastructure.
Investors are concerned that companies may not earn back their investments.
The Dutch financial newspaper FD reported that Meta shares fell 7% last week after the company announced additional investment.
The Nasdaq fell about 2% in a week amid AI-related concerns, FD reported.
- Who
- SpaceX and Meta.
- What
- SpaceX plans to borrow $40 billion, while Meta plans a major share offering to fund their AI ambitions.
- When
- The articles were published on October 26, 2026; FD said Meta shares fell 7% the previous week.
- Where
- Not stated.
- Why
- To fund the race to build AI infrastructure.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- SpaceX borrowing plan
- $40 billion
- Meta share performance
- Down 7% the previous week, according to FD
- Nasdaq performance
- Down about 2% in a week, according to FD