Mergers & Acquisitions ·
Triller acquires stake in SpaceX for $411M in cash, expects deal to close by July 22, 2026
ILLRTriller Group Inc.
Triller Group Inc. through its subsidiary Trendy Reach Holdings Limited entered into a definitive membership interest purchase agreement to acquire 100% of SAC1, a Bahamian investment vehicle, for $411,304,425. This acquisition of an investment vehicle that holds 3,917,185 shares of SpaceX (Space Exploration Technologies Corp.) common stock. The transaction is expected to be closed by July 22, 2026. Triller Group Inc. operates in the technology and social media platform industry.