Oracle's Market Surge Boosts Larry Ellison's Wealth to Nearly $400 Billion, Rivaling Elon Musk
SPACE ECONOMY
Larry Ellison's net worth has soared to approximately $400 billion following Oracle's significant stock rally, attributed to impressive earnings and strong forecasts related to artificial intelligence. In a single day, Oracle's stock surged nearly 40%, boosting the company's market capitalization to about $950 billion.
With Ellison's wealth now approaching that of Elon Musk, who is valued at around $440 billion, the tech sector remains dominated by figures like Musk and Facebook's Mark Zuckerberg. Oracle's growth signals a promising future as the company anticipates a revenue increase to $144 billion by 2030.
Sep 17, 2025, 12:13 PM