Meta’s Debt Doubles to $84B as AI Capex Ramps to $135B
META•
META•Meta’s debt rose from $36B in 2023 to $84B in Q1 as it joined peers issuing about $140B of investment-grade bonds to fund AI, guiding $115–135B of capex for 2026. Officer Curtis Mahoney sold 2,079 shares at $609.92 for $1.27M under a Rule 10b5-1 plan, leaving his stake and analysts’ bullish ratings intact.
Meta’s total debt climbed from about $36B in 2023 to $84B at the end of Q1, reflecting its share in AI-related investment-grade bond issuances totaling around $140B year to date.
The company guides $115–135B in capital expenditures for the year, part of a collective $725B planned by major tech players representing a 77% increase over last year’s $410B figure.
Chief Legal Officer Curtis Mahoney sold 2,079 shares at $609.92 for $1.27M under a Rule 10b5-1 plan, leaving his remaining stake unchanged and maintaining analysts’ bullish ratings and price targets.
