Triller
Triller cannot seem to stay out of a courtroom in 2026. The company is trying to sell Wall Street on a fresh corporate identity, yet multimillion-dollar court orders keep landing on its desk. Two separate federal judges have now handed down a combined $9.36 million in penalties, leaving the company’s new pitch to investors looking shaky at best.
A $6.16M Boxing Bill Over a Missed Deadline
On November 2, 2026, a Florida federal magistrate judge recommended a $6.16 million Triller default judgment over an old boxing dispute. Two Triller entities now owe that money to a boxing agent after walking away from a signed settlement agreement.
The wild part isn’t the lawsuit itself—it’s how they lost. Triller’s previous lawyers left the case, and the company simply didn’t hire new legal counsel before the court’s deadline ran out. In federal court, if a corporation doesn’t show up with a lawyer, it forfeits the fight automatically.
Merlin Collects $3.2M for Unpaid Music Licenses
The boxing agent isn’t the only one in line to get paid. Music licensing agency Merlin just locked in a separate $3.2 million Triller default judgment of its own.
Merlin spent most of 2025 chasing Triller down for missing licensing checks before asking the court to step in last October. The judge signed off on the penalty, which breaks down to $2.55 million in unpaid fees and another $668,000 in interest that piled up while the bill sat unpaid. Triller hasn’t said a word publicly about the ruling or filed an appeal.
Delistings, Missing Reports, and a Dead App
These courtroom losses come on the heels of a messy year for the business. Earlier in 2026, Triller pulled the plug on the video-sharing app that gave the company its name. Before that, NASDAQ kicked the stock off its exchange because the share price tanked and the company stopped turning in its earnings reports on time.
Triller eventually got its paperwork in order and made it back onto the market under the ticker ILLR. Now, with the app gone and legal bills stacking up, executives are trying to convince shareholders that the worst is behind them.
Out With Triller, In With Eight Holdings
At last month’s annual meeting, shareholders signed off on a reverse stock split and a brand-new name: Eight Holdings Inc.
CEO Wing Fai Ng hopped on X to explain the change, noting that the new name fits a broader company focused on social media, sports, and financial services. The Triller name will stick around wherever it still makes money, he said,though the company is clearly moving on.
In a Q&A document released to investors, management brushed off 2025 as “the reset” and called 2026 “the monetization year.” Rather than trying to bring the old video app back from the dead, the plan is to take whatever is left—the old user list, creator connections, and a public stock ticker—and use it to build something that actually turns a profit.
SpaceX Hype Meets a 45% Stock Crash
To get traders excited again, the company recently touted a $400 million deal designed to give it an indirect financial stake in SpaceX.
The market didn’t buy the hype. On Wednesday, the stock cratered nearly 45%, ending the day at $1.28 a share. The sudden sell-off followed back-to-back announcements from shareholder-rights law firms looking to sue the company.
One of those firms, the DJS Law Group, opened an investigation in July 2026 into potential federal securities violations. Their lawyers are digging into whether Triller’s leadership lied to investors or hid bad news to prop up the stock. A new name and a SpaceX press release might sound good on paper, but Eight Holdings is still dragging all of Triller’s old baggage behind it.
