Meta Raises $25B for AI Capex, Michael Burry Opens Short
Investor Michael Burry increased his short on Meta Platforms alongside positions against semiconductors and Tesla, and added defensive exposure to semiconductor ETFs and the Nasdaq 100. Meta raised $25 billion via bond sales to fund its AI infrastructure expansion and boosted 2026 capex guidance by $10 billion to $125–145 billion.
1. Michael Burry Expands Short Position on Meta
Investor Michael Burry exited his GameStop position and initiated an outright short on Meta Platforms, citing stretched valuations relative to fundamentals; he also expanded bearish bets across semiconductor ETFs and the Nasdaq 100 as tech valuations remain elevated.
2. Meta Raises $25B in Bond Sales to Fund AI Expansion
Meta Platforms sold $25 billion in bonds to finance its AI infrastructure buildout, raising its 2026 capital expenditure guidance by $10 billion to $125–145 billion; analysts warn this elevated spending may strain credit metrics and reduce free cash flow.