SK Hynix Shares Fall on IPO Concerns; Larry Ellison Increases Oracle Pledges

Key Facts

1SK Hynix shares fell 4% premarket following concerns over ownership structure after reports of a potential $100B IPO for its subsidiary Solidigm.

2Larry Ellison increased his Oracle share pledges by 19% year-over-year, now collateralizing $9.2 billion.

SK Hynix shares fell 4% in premarket trading following reports of a potential $100 billion initial public offering for its subsidiary, Solidigm. Seeking Alpha reported that the decline stems from concerns over the group's ownership structure, with the Korea Corporate Governance Forum suggesting that a Solidigm IPO could deepen the existing pyramid ownership layers and dilute shareholder value.

Oracle founder Larry Ellison increased his pledged shares for personal loans by 19% year-over-year, bringing the total collateral value to $9.2 billion. ORCL closed at $137.10 on September 25, 2026, while SKHY closed at $191.56 on the same date. The increase in Ellison's pledging reflects higher personal borrowing against his equity stake as he commits funding to major corporate acquisitions.