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Oracle's Stock Surge Propels Larry Ellison to Richest Person in the World

SPACE ECONOMY

Oracle's stock soared over 40% following the release of positive financial results, driven by increased demand for its cloud services and AI applications. This surge boosted Larry Ellison's wealth by $101 billion, surpassing Elon Musk's fortune. Ellison, now 81, has become the wealthiest individual for the first time, while Musk faces challenges as Tesla's shares decline.

Sep 17, 2025, 12:03 PM

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