Larry Ellison, co-founder of Oracle, pledged shares of Tesla and SpaceX as collateral to borrow funds for his son David Ellison's acquisition of Warner Bros. Discovery. The pledged shares include a significant portion of Ellison's Oracle holdings, which have increased over the past year. The Warner Bros. deal involved a large investment in Skydance stock, which has since dropped significantly in value, increasing financial risk. Despite these pledges and market volatility, Oracle's business fundamentals remain strong with substantial committed revenue and no current plans from Ellison to sell more Oracle stock. The situation highlights the risks and strategies billionaires use to manage large investments without triggering capital gains taxes or losing control.
SpaceX leads with a market cap of $2.01 trillion on Pluang as of Oct 21, 2026 22:41 WIB, followed by Tesla at $1.48 trillion and Oracle at $397.55 billion. Oracle shares are trading at USD 130.64 with a dividend yield of 1.53%, while Tesla and SpaceX have seen positive 1-day changes of +3.25% and +10.70%, respectively. The volume for SpaceX is notably high at 99,549,776, reflecting strong trading interest as of the same time.
Oracle's cloud backlog has surged past $664 billion, with cloud revenue now making up 60% of total sales, reflecting strong growth. However, the company reported a negative free cash flow of $5.4 billion last quarter and expects high capital expendit...
Shares of AI cloud providers Nebius and CoreWeave rose about 3% after Elon Musk called concerns about AI infrastructure overcapacity "ridiculous" during SpaceX's Q3 2026 earnings call. Musk emphasized strong demand for compute capacity, noting SpaceX...
TD Cowen analyst Michael Elias suggests Nvidia might be supporting Oracle's financing for its AI data centers by providing credit guarantees or subleasing data center buildings, helping Oracle secure lender funding despite its cash flow challenges an...
Southwest General hospital in Ohio is expanding its use of Oracle Health and Oracle Fusion Cloud Applications to integrate clinical, financial, and operational data. This move aims to streamline workflows, reduce manual tasks, and enhance patient car...
Oracle introduced new Fusion Claw-powered agentic applications within its Fusion Cloud Human Capital Management suite to help HR and business leaders manage workforce planning, recruiting, compensation, and payroll more efficiently. These AI-driven a...
