# Daily Fintech News — September 12, 2026

> Daily brief on markets, macro, banking, chips and AI infrastructure. Published September 12, 2026 at 7:00 PM ET by Daily Fintech News.

Canonical HTML: https://dailyfintechnews.com/brief/fintech/2026-09-12

**Entities covered:** OpenAI, Initial public offering, Elon Musk, SpaceX

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## 1. OpenAI's Altman says no IPO in 2026, firm to prioritize safety
*Section: AI*

OpenAI CEO Sam Altman said the company will not pursue an IPO in 2026 and will instead prioritize AI safety, tempering expectations of a near-term public listing for the AI leader.

Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-12#item-1

## 2. Larry Ellison ends plan to sell up to $7.5 billion in Oracle stock
*Section: Markets · Tickers: $ORCL*

Oracle chairman Larry Ellison canceled a plan to sell as many as 50 million shares (up to $7.5 billion) of Oracle stock, an about-face just a day after a filing disclosed the intended sale.

- $ORCL close: $150.28 (-1.74%)

Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-12#item-2

## 3. Musk's secretive backer Vy Capital builds $40bn SpaceX stake
*Section: Markets*

Low-profile venture firm Vy Capital has emerged as one of SpaceX's largest shareholders, holding a stake valued at around $40bn, underscoring the soaring private-market valuation of Elon Musk's rocket company.

Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-12#item-3

## 4. US-listed Equinix faces challenge over South African hyperscale data centre
*Section: Data Centers · Tickers: $EQIX*

Campaigners are seeking to overturn approval for an Equinix hyperscale data centre in South Africa, as the rapid AI-infrastructure build-out puts fresh scrutiny on the power and water demands of new data-center capacity.

- $EQIX close: $1037.72 (+1.36%)

Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-12#item-4

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## Questions this brief answers

**What did OpenAI announce on September 12, 2026?**

OpenAI CEO Sam Altman said the company will not pursue an IPO in 2026 and will instead prioritize AI safety, tempering expectations of a near-term public listing for the AI leader.

**What did Larry Ellison ends plan announce on September 12, 2026?**

Oracle chairman Larry Ellison canceled a plan to sell as many as 50 million shares (up to $7.5 billion) of Oracle stock, an about-face just a day after a filing disclosed the intended sale.

**What did Elon Musk announce on September 12, 2026?**

Low-profile venture firm Vy Capital has emerged as one of SpaceX's largest shareholders, holding a stake valued at around $40bn, underscoring the soaring private-market valuation of Elon Musk's rocket company.

**What did US-listed Equinix faces challenge announce on September 12, 2026?**

Campaigners are seeking to overturn approval for an Equinix hyperscale data centre in South Africa, as the rapid AI-infrastructure build-out puts fresh scrutiny on the power and water demands of new data-center capacity.

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## More from Daily Fintech News

- Previous brief: [September 11, 2026 — JD.com Prepares Remedy Tweaks in Bid for EU Ceconomy Nod](https://dailyfintechnews.com/brief/fintech/2026-09-11)
- Next brief: [September 13, 2026 — Amazon and Microsoft Side With Communities Against Utilities in Data-Center Push](https://dailyfintechnews.com/brief/fintech/2026-09-13)
- Also covers Elon Musk, Initial public offering, OpenAI: [September 15, 2026 — Clarity Act Crypto Bill Fails to Advance in Senate; Coinbase, Circle Slide](https://dailyfintechnews.com/brief/fintech/2026-09-15)
- Also covers Elon Musk, Initial public offering, OpenAI: [September 1, 2026 — Dell delivers huge beat and raise on AI server demand](https://dailyfintechnews.com/brief/fintech/2026-09-01)
- Also covers Elon Musk, OpenAI, SpaceX: [September 14, 2026 — AI Rotation Grips Market as FOMC Week Begins: Software Up, Semis Down](https://dailyfintechnews.com/brief/fintech/2026-09-14)
- [All briefs](https://dailyfintechnews.com/brief/fintech)
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*Source: Daily Fintech News (https://dailyfintechnews.com). Attribution with a link to the brief URL is appreciated when quoted.*