Oracle shares surge 43%, co-founder Ellison tops Musk as world's richest

  • Posted on September 11, 2025
  • By Business News Today
  • 2 Views
Oracle shares surge 43%, co-founder Ellison tops Musk as world's richest

Oracle shares saw a significant surge. This happened after a strong forecast for its cloud sector. Larry Ellison's wealth increased substantially. He briefly surpassed Elon Musk as the world's richest person. OpenAI plans a large purchase of Oracle's computing power. Oracle is becoming a major player in AI cloud computing. It competes with Microsoft and Google.
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