Meta grants executive stock options with strike prices requiring $9.46 trillion market cap, nearly double current record

Meta's board granted stock options to five senior executives—Andrew Bosworth (chief technology officer), Christopher Cox (chief product officer), Susan Li (chief financial officer), Curtis Mahoney (chief legal officer), and Dina Powell McCormick (president and vice chairman)—with exercise prices ranging from $1,116 to $3,727 per share. If the highest strike price is reached, the options would be worth $625,592,443 per executive.

For the uppermost tranche to become profitable, Meta's stock would need to reach a market capitalization of $9.46 trillion, nearly twice Nvidia's current market cap of $5.3 trillion, the largest in history to date. Meta's stock is currently trading at $671.34.

The combined payouts to the executives, including restricted stock unit grants, would range from $787 million to $921 million. Mark Zuckerberg, who collects a $1 salary and holds a stake valued at roughly $230 billion, was not included in the awards. Meta expects capex to rise to between $115 billion and $135 billion this year as it focuses on Superintelligence Labs.