Larry Ellison Surpasses Elon Musk as Oracle Stock Soars, Boosting Net Worth Significantly
SPACE ECONOMY
Larry Ellison, the 81-year-old founder of Oracle, has surpassed Elon Musk in net worth following a significant surge in Oracle's stock, which increased by nearly 40% after positive forecasts for its cloud business. Ellison’s estimated wealth now stands at $393 billion, compared to Musk's $385 billion, although Forbes values Musk higher at approximately $463 billion. Oracle's focus on artificial intelligence applications and its partnership with Red Bull Racing in Formula 1 further solidify its position in the tech market.
Sep 17, 2025, 11:44 AM