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Meta's $37bn spending plans for 2024

While the CAPEX guidance is specific to 2024, Meta has suggested that the budget may grow again in the subsequent years.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

February 06, 2024 | 1:57 PM GMT

Meta's $37bn spending plans for 2024

Mark Zuckerberg

The Tech Capital

Meta (NASDAQ: META), the parent company of social media giants Facebook, Instagram and Whatsapp, recently announced a significant increase in its capital expenditure (CAPEX) budget for the year 2024.

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João Marques Lima

Founder and Editor, The Tech Capital

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