Meta Platforms to Raise up to $30 Billion in Largest-Ever Bond Offering to Fuel AI Infrastructure

30 October 2025

Meta Platforms is preparing to generate up to $30 billion through a six-part bond sale as it rushes to fund its escalating investment in artificial intelligence infrastructure. The bonds will span maturities of five to forty years, with the principal for each tranche expected to range between $4 billion and $6.5 billion, according to people with knowledge of the matter.

The move follows Meta’s decision to elevate its capital-expenditure outlook and signals the company’s commitment to being a front-runner in the AI race. In its filing, Meta said next year’s spending plans will be “notably larger” than 2025’s, a sign of the company’s push to scale its data-centres, advanced chips and computing infrastructure. Despite this optimism, the announcement sent Meta’s shares tumbling over 11 percent as investors weighed the cost-burden of building generative-AI foundations.

Leading the bond offering are major financial institutions including Citigroup and Morgan Stanley, which are working alongside Meta to structure and market the debt. The plan underscores how even a tech-giant entrenched in profitability is turning to the fixed-income market to underwrite its future growth in AI. Analysts say this aligns with a broader trend of major technology firms issuing bonds to finance infrastructure at scale.

Meta’s commitment to hardware and infrastructure builds on its earlier move to finalize a $27 billion financing deal with Blue Owl Capital for its “Hyperion” data-centre project in Louisiana underscoring that the bond offering is one component of a decades-long engineering transformation. Those familiar with the deal say it will help position Meta for competition across the digital-commerce, cloud, metaverse and advertising ecosystems. Rapid investment in compute, memory, and specialist AI hardware is the backbone of that bet.

Yet this ambition raises clear questions. Meta’s earnings show 26 percent revenue growth in its latest quarter, but its costs rose 32 percent an imbalance that caught investor attention and clouds the near-term return on massive infrastructure spending. The size of the bond deal, the length of maturities and the scale of capital commitments risk heightening scrutiny about the timing of returns, capital efficiency and competitive advantage in what is increasingly viewed as a crowded AI field.

From a strategic perspective, issuing large-scale bonds offers Meta multiple advantages: not diluting equity, locking in long-term capital at relatively low yields in a historically low-rate environment, and signalling to the market that Meta is serious about structural transformation rather than incremental upgrades. From a risk lens, the debt load and extended maturities raise questions about flexibility, carry cost, and whether the firm can convert infrastructure investment into higher-margin services quickly enough.

Ultimately the bond offering marks a shift not just for Meta, but for the entire tech ecosystem. As AI becomes a capital-intensive frontier, companies once defined by software agility are now becoming infrastructure platforms with debt markets, real-estate, power-usage, and cooling requirements on an industrial scale. Meta’s debt-raising effort therefore doesn’t simply fund its next sprint, it redefines the financial architecture of Big Tech’s growth.