Meta on Friday floated plans to invest $600 billion in US infrastructure and jobs by 2028 as part of a massive datacenter expansion.
The lofty goal eclipses OpenAI's $500 billion Stargate initiative. But like its rival, Meta can't actually afford the infrastructure project CEO Mark Zuckerberg has promised President Donald Trump.
For Meta to realize the $600 billion goal by the end of 2028, it would need to increase its capital expenditures nearly threefold from the $70-72 billion it expects to spend in 2025.
Zuckercorp has already warned of "notably larger" spending in 2026, but the company earned "only" $62 billion in profit last year, up from $39 billion in 2023. So even if it used all of its near-liquid assets — as of Q3, Meta had about $44.5 billion in cash, cash equivalents, and ot

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