Sources: Meta's $25B share sale was oversubscribed 5x as it seeks $98B for AI spending; the 15 largest investors in the sale accounted for ~70% of shares (Anthony Hughes/Bloomberg)
Anthony Hughes / Bloomberg:
Sources: Meta's $25B share sale was oversubscribed 5x as it seeks $98B for AI spending; the 15 largest investors in the sale accounted for ~70% of shares — Meta Platforms Inc.'s upsized $25 billion share sale attracted demand for about five times the available shares …