Tweets are not recommendations or offers of services & are for educational purposes only. I may buy or sell securities I tweet about for myself or clients.
Joined April 2009
- Tweets58.9K
- Following918
- Followers16K
- Likes13.4K
We should see well over $100 billion in new issuance over the coming month or so. Likely acts like a wet blanket
$META trading up as this offering was pretty well telegraphed. Was thinking that buyers of the secondary would probably get a pop, but it happened even faster than I thought
META RAISES $35 BILLION TO FUND AI EXPANSION
Meta ($META ) launched a $35B equity offering to finance AI infrastructure, including $22.5B in common stock and $12.5B in convertible preferred shares.
$NVDA, $AMD and $AVGO have expressed interest in investing up to $5B combined.
Meta targets $135B–$145B in 2026 capex, with another $60B stock-sale program planned for 2027.
The key risk: Rising AI financing needs and potential shareholder dilution.
Elon: The payback on GPUs is 6 months
Also Elon:
Pretty much.
As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn’t have substantial revenue independent of AI data centers.
SpaceX closed $40B of debt for GPUs, but we’re investment grade and have Starlink & launch revenue.
That means the 200+ neoclouds are going to see guppy-level death and consolidation. Some will make it through, but not many.
Tsachy Mishal retweeted
Pretty much.
As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn’t have substantial revenue independent of AI data centers.
SpaceX closed $40B of debt for GPUs, but we’re investment grade and have Starlink & launch revenue.
That means the 200+ neoclouds are going to see guppy-level death and consolidation. Some will make it through, but not many.
Tsachy Mishal retweeted
Gonna be another Either/Or Day.
Just gonna be opposite of yesterday. And the day before that. And the day before that.
"Meta Platforms’ widely anticipated equity capital raise could come as early as the next few weeks as it seeks to get ahead of other tech companies that plan to sell stock."
My portfolio has had a very good run but today feels like the day I get smacked around, while the stuff that has been down rallies
"When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact."
-Warren Buffett
Anthropic has been reported to start its roadshow the week of November 9. For that to happen it really should release it's S-1 by tomorrow
Call me crazy but I think this means a $META secondary is days away "timing is important to secure capital before competitors saturate various funding options"
This paragraph from $META's inside 10-q filling may mark the official announcement that the funding environment for the AI buildout has turned the corner. (HT: Barclays' Alexander Altmann)
Tsachy Mishal retweeted
This paragraph from $META's inside 10-q filling may mark the official announcement that the funding environment for the AI buildout has turned the corner. (HT: Barclays' Alexander Altmann)
Tsachy Mishal retweeted
🚨 BOOM: Abdul El-Sayed tried to play the VICTIM card on the debate stage, and Mike Rogers shut it down in 30 seconds.
El-Sayed called the question "shameful."
Rogers reminded him that he wore the uniform, and so did his son, his wife, his brother, and his father.
Then he said, "You can pray any way you want."
"This is about an IDEOLOGY."
He said it's an ideology that's banned in five Muslim countries and six others, and one that U.S. law enforcement worries about because it's used to fund operations overseas.
That's not bigotry. It's national security.
$META money quote from their SEC filing:
"in each case, these long-term forecasts showed the Company’s ($META) need to raise hundreds of billions of dollars over a period of several years beginning as early as fall 2026"
If you're buying $META here after hours and you're not sure if you're exit liquidity, take a look at this from the share class filing:
" Representatives of Moelis also noted that the Company had not yet provided its long-range plan for the Moelis and Special Committee Counsel teams to review, but that the Company’s management had orally conveyed to Special Committee Counsel and Moelis that management had previously presented three forecast cases to the Board during a regularly scheduled Board meeting in May, and that, in each case, these long-term forecasts showed the Company’s need to raise hundreds of billions of dollars over a period of several years beginning as early as fall 2026."
sec.gov/ix?doc=/Archives/edg…
Tsachy Mishal retweeted
If you're buying $META here after hours and you're not sure if you're exit liquidity, take a look at this from the share class filing:
" Representatives of Moelis also noted that the Company had not yet provided its long-range plan for the Moelis and Special Committee Counsel teams to review, but that the Company’s management had orally conveyed to Special Committee Counsel and Moelis that management had previously presented three forecast cases to the Board during a regularly scheduled Board meeting in May, and that, in each case, these long-term forecasts showed the Company’s need to raise hundreds of billions of dollars over a period of several years beginning as early as fall 2026."
sec.gov/ix?doc=/Archives/edg…
$META has confirmed it is indeed creating a new class of shares. This likely confirms that a share offering is coming. Seems not smart to chase the shares higher here in after hours
Tsachy Mishal retweeted
Lectures white people about Islamophobia and then turns into an Islamophobe himself when it's time to convince black people to vote for him. Just goes to show how fake all of this shit is.
