Olivia Jade Giannulli’s latest public outing has stirred speculation about a new relationship, though neither she nor her reported companion has confirmed they’re dating. The influencer was seen in New York with Australian art dealer PC Valmorbida, 39, nearly a year after her on-and-off relationship with actor Jacob Elordi reportedly ended.
A New York appearance draws attention
Giannulli, 27, was spotted with Valmorbida on Sunday, October 25. The two appeared close in public, with Valmorbida putting an arm around her. That display, rather than any statement from the pair, is what has prompted reports of a possible romance.
Valmorbida has drawn attention for his background as well as the 12-year age difference between them. The Daily Mail reports that he comes from a wealthy Australian family associated with a major food company and has previously been linked romantically to Mary-Kate Olsen.
For now, the evidence is limited to an affectionate-looking outing. Neither Giannulli nor Valmorbida has publicly described the relationship, so the new pairing remains unconfirmed.
Elordi and Giannulli’s reunion didn’t last
Giannulli and Elordi were first romantically linked in 2021, and their relationship included multiple breakups and reunions. News of a split emerged in August 2025, but the pair were seen together again the next month, renewing speculation that they had reconciled.
In September 2025, Giannulli attended the Toronto International Film Festival to support Elordi as he promoted “Frankenstein.” They appeared affectionate while entering a theater; Elordi was reportedly seen holding the train of her dress as they climbed the stairs.
The reunion was brief. By October, a source told The Blast, “It’s fully over. They are not getting back together.” That report followed accounts that cited disagreements over Giannulli’s friendships and Elordi’s focus on his public image and career.
According to The Blast, an insider alleged that Elordi criticized some of Giannulli’s close friends, viewing them as privileged and lacking ambition or real-world experience. The source also claimed he thought she gravitated toward wealthy friends and encouraged her to distance herself from some of them. Giannulli reportedly objected to his attitude toward her social circle.
The same account described a broader imbalance: Elordi was often working or traveling, with Giannulli sometimes accompanying him, but allegedly showed little interest in her own life. “He just made everything about his life and wanted nothing to do with her side of things, so eventually, she moved on,” the source claimed.
Elordi’s reported relationship with Kendall Jenner
- Who played cupid for Kendall Jenner and Jacob Elordi?
- Jacob Elordi left “starstruck for sure” by Kendall Jenner’s world
- Kendall Jenner took Jacob Elordi to see “sad and lonely” Caitlyn Jenner
- Kendall Jenner inner circle concerned about Jacob Elordi romance as model is a “drug to his ego.”
Elordi has since been linked to Kendall Jenner. Reports of a connection surfaced after they were seen getting close at Coachella in April 2026. A Hawaii trip in May reportedly brought them closer, followed by sightings in Japan in June and together in Australia.
By July, reports said the pair were exclusive, with people around them said to have noticed how happy they seemed. Their reported relationship marks a new chapter for Elordi after his split from Giannulli, while her New York outing has prompted fresh questions about her own dating life.
Reformation campaign revives college scandal criticism
Giannulli has also faced renewed criticism over a Reformation clothing campaign. The daughter of designer Mossimo Giannulli and actor Lori Loughlin modeled a “College” sweatshirt in a promotion that referenced her family’s college admissions scandal, with the brand making a joke about her return to campus.
Proceeds were set to support a nonprofit working to expand college access, but that charitable element didn’t prevent backlash. Some social media users called the campaign tone-deaf and objected to its playful treatment of the controversy. The Blast reported that the promotion reopened debate over whether making light of the scandal was appropriate, even with a charitable cause attached.
