DigitalBridge Shares Surge 45% Amid Speculation of SoftBank Merger

DigitalBridge (DBRG) surged 45% in pre-market and early trading on December 6, 2025, after rumors emerged of a potential merger with SoftBank Group Corp. The move sent ripples through the public markets, with trading volume exceeding the 30-day average by over 300%. Analysts noted that the jump appears to be driven by investor anticipation of a strategic combination between the U.S.-based infrastructure investment firm and the Japanese multinational conglomerate, known for major bets in tech and telecom assets. The rally comes amid growing interest in consolidation among large-scale infrastructure investors, with DigitalBridge managing over $70 billion in assets across data centers, cellular towers, and broadband networks. SoftBank, which holds a significant stake in infrastructure assets through its Vision Fund and direct holdings, has been exploring opportunities to expand its footprint in North American digital infrastructure. The 45% surge in DBRG’s share price pushed its market capitalization above $28 billion, reflecting a valuation premium that suggests strong investor confidence in the potential synergies of a combined entity. While neither company has confirmed any formal discussions, the speculative spike underscores the market’s appetite for scale and strategic realignment in the digital infrastructure space. Trading activity intensified across related sectors, with peers such as Crown Castle International (CCI) and American Tower Corporation (AMT) also seeing modest gains. The developments are being closely watched by institutional investors, telecom operators, and regulatory bodies as potential shifts in the digital infrastructure landscape could influence future investment flows and competition in data and connectivity services.