# Meta creates new stock class to keep Zuckerberg in charge

> Meta's board created a non-voting stock class to maintain Mark Zuckerberg's control while funding AI expansion.
- Title: Meta creates new stock class to keep Zuckerberg in charge
- Summary: Meta's board created a non-voting stock class to maintain Mark Zuckerberg's control while funding AI expansion. Meta announced a new non-voting Class C stock…
- Keywords: meta, mark zuckerberg, stock split, voting control, class c stock, ai spending, business, technology, creates, stock, class, keep
- Source: Business Insider — https://businessinsider.com/meta-stock-split-keep-mark-zuckerberg-2026-10
- Author: Henry Chandonnet
- Published: 2026-10-21T21:58:36.669+00:00
- Read time: 1 min
- Topics: meta, mark zuckerberg, stock split, voting control, class c stock, ai spending, business, technology
## Meta creates non-voting stock class
Meta announced a new category of non-voting Class C stock in its third-quarter earnings report. The company said it will keep the founder-led model that has driven Meta's success.

> The creation of the Class C common stock will continue the founder-led model that has driven the company's success since its inception.
## Board backs Zuckerberg's leadership
A Special Committee established by Meta's board determined that Zuckerberg was the best fit to lead the company into its future, highlighting his creative vision and management abilities.
## Stock split funds AI expansion
The distribution will amount to a two-for-one stock split for existing shareholders. Meta is spending heavily on AI and data centers, reporting thirty four point nine one billion dollars in third-quarter capital expenditures.
## Potential successor raises questions
The success of Meta's AI agent Muse has raised the profile of chief AI officer Alexandr Wang.
## Key takeaway

Meta announced a new non-voting Class C stock to preserve Mark Zuckerberg's voting control and fund AI spending.