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Shares of Meta Platforms (NASDAQ:META | META Price Prediction) are down roughly 8% to $614 in early trading on Thursday, April 30, after the social media giant paired a Q1 FY2026 earnings beat with a much bigger capital expenditure (CapEx) commitment for the year.
The tech giant's LevelUp program launches in Ohio this summer and requires no prior experience, targeting recent high school graduates and career changers looking to enter the skilled trades.
Because it builds on existing solar facilities rather than requiring entirely new ones, Meta says the technology could scale faster than traditional energy projects. With this partnership, the company has reserved up to one gigawatt of space-based solar capacity, enough to power hundreds of thousands of homes.