Larry Ellison's Rise in Wealth Challenges Elon Musk's Position as World's Richest
SPACE ECONOMY
Elon Musk's status as the world's richest person is under threat as Larry Ellison, CEO of Oracle, has seen a surge in his wealth due to a significant rise in Oracle's stock. Ellison's fortune, bolstered by promising growth in cloud infrastructure, could surpass Musk's if trends continue. Musk, with an estimated net worth of over $400 billion, remains confident about Tesla's future, which could see him amass over $1 trillion with a new compensation plan pending shareholder approval.
Sep 17, 2025, 1:50 PM
