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Mark Zuckerberg
The latest Mark Zuckerberg coverage from Bullquill: sourced, dated and explained.
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Meta credit default swaps hit record 114.79 bps on AI spending
Reuters, citing Markit data, said the 7.6 bps move was the biggest one-day jump since at least 2025. A record spread does not mean anyone expects a default: Meta is still rated Aa3 by Moody's and AA- by S&P.
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Meta Zuckerberg California deal: new shares, eight-year pledge
Meta will give Mark Zuckerberg non-voting Class C shares he can sell to cover a possible California wealth tax. In return, he pledges to stay in the state, or wherever Meta is headquartered, for eight years.
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Meta non-voting stock: one Class C share for each A or B share
The charter amendment is set to take effect on Jan. 19, 2027, with record and payment dates not yet set. Meta announced it with Q3 results showing revenue up 26% to $64.60 billion and costs up 68% to $51.61 billion.
