Meta recorded a one-time income tax charge of $15.93B related to Trump's Big Beautiful Bill and expects 2025 capex of $70B-$72B, up from a $66B-$72B forecast (Jaspreet Singh/Reuters)

TechmemeWednesday, October 29, 2025 at 8:35:01 PM
Meta recorded a one-time income tax charge of $15.93B related to Trump's Big Beautiful Bill and expects 2025 capex of $70B-$72B, up from a $66B-$72B forecast (Jaspreet Singh/Reuters)
Meta has reported a significant one-time income tax charge of $15.93 billion, which is linked to Trump's Big Beautiful Bill. This unexpected financial hit raises concerns about the company's profitability and future investments, as they now anticipate capital expenditures for 2025 to be between $70 billion and $72 billion, an increase from their previous forecast of $66 billion to $72 billion. This news is crucial as it highlights the financial implications of legislative changes and how they can impact major corporations.
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