Mark Zuckerberg Loses $25 Billion—Now World's Fifth-Richest As Meta Shares Plummet
1. META shares fell over 12% due to a significant tax charge. 2. Third-quarter EPS was $1.05, drastically below expectations of $6.72. 3. META expects reduced federal cash tax payments in 2025 and beyond. 4. CEO Zuckerberg anticipates major opportunities in superintelligence investments. 5. Reality Labs reported a $4.4 billion operating loss amid AI development.