Meta Will Spend Over $50 Billion for a Louisiana Data Center. How to Play META Stock Here.

Meta Platforms (META) — the owner of ubiquitous social media platforms like Facebook, Instagram, and WhatsApp — will be spending $50 billion to expand the capacity of its Hyperion data center in Richland Parish, Louisiana. Hyperion is now expected to have a capacity of 5 gigawatts (GW) versus the previously anticipated 2 GW, with the company expecting the project to create 1,000 operational jobs once completed.

Notably, Meta has revealed projections for 2026 capex to be between $125 billion and $145 billion. At $50 billion, the Louisiana data-center project makes up more than one-third of the midpoint of that range, which is a substantial amount by any means.