So basically the state of New Mexico is taking $25B from Meta's market cap, therefore whomever invested in META; and where will this money go here?

I don't deny that META did something wrong, but I don't see where taking $25B and allocating it to a state's declining economy will do anything good. Put people in jail may send a better signal, but here it feels more like a heist than a punishment; and the investors will take the hit, not the company.