Triller Group Announces $411.3M Agreement to Acquire Strategic Interest in SpaceX

Triller Group Inc. (ILLR) has entered into a definitive agreement to acquire an investment vehicle holding common stock equivalent interests in Space Exploration Technologies Corp. (SpaceX) for approximately $411.3 million. The acquisition, made through Triller's wholly-owned subsidiary, is intended to be held as a strategic treasury asset on the company's balance sheet.

Key Details

• Agreement: On June 23, 2026, Triller's subsidiary, Trendy Reach Holdings Limited, agreed to purchase 100% of SAC1, a Bahamian investment vehicle with interests in SpaceX.
• Transaction Terms: The purchase price is $411,304,425, equivalent to $105 per share, for indirect economic exposure to 3,917,185 shares of SpaceX Class A common stock.
• Closing Timeline: The closing is expected to occur no later than July 22, 2026, subject to funding an escrow account and satisfactory completion of due diligence by the buyer.