Meta has found room for more owners. It has not found room for more opinions.

TechCrunch reports that the company plans a new class of non-voting shares, initially distributed to existing shareholders as a stock dividend. CFO Susan Li confirmed the plan after Semafor reported it. Meta could then use that stock to raise capital, pay employees or buy other businesses while preserving the voting power of current Class A and B holders.

Your money can join the AI expansion. Your vote has other arrangements. This does not strip existing voting shares of their rights. It creates a way to bring in additional capital without bringing an equivalent new voice to the decisions about that capital.

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Li says this preserves Meta’s founder-led structure. The phrase is economical: the founder leads; the financing follows. Employees could receive compensation in the new stock, giving them a financial stake without making their opinions an additional feature of the package.

Meta’s revenue rose 26% year over year; costs and expenses rose 68%. Those are different totals, not proof of a loss. They do explain the appeal of more funding tools as the company expands.

The acquisition option is especially efficient. Meta could buy a whole new company with these shares and still avoid acquiring anyone else’s say-so.