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NeutralLOW severityTech & AI27d ago

Meta and BlackRock form $14 billion El Paso data center venture

Reported by Yahoo Finance · finance.yahoo.com · July 28, 2026

BlackRock-managed funds will own 80% of the venture, with Meta retaining 20% and leasing back the entire campus

What the tape says

What to watch: This report cites a concrete figure (80%) — compare it against the trailing trend before treating one data point as a turning point.

Amount
$14 billion
Change
80%
Change
20%

Market reaction today: $META +1.66%

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