Squawk on the Street
Squawk on the Street
CNBC
11AM Hour: IMAX CEO on Sale Rumors, Eli Lilly Buys Vaccine Makers & the Benefits of a SpaceX-Tesla Merger 5/26/26
43 minutes Posted May 26, 2026 at 4:11 pm.
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Show notes
The CEO of IMAX discusses recent rumors of a potential sale of the company and box office demand over the holiday weekend. Then, we discuss the details of Eli Lilly's announcement to buy 3 vaccine makers for nearly $4 billion. Plus, as we await the SpaceX IPO, what could a potential merger with Tesla look like? We break down the benefits and drawbacks.