--- title: "Oracle nears $1 trillion valuation, Ellison edges toward richest-person title" description: "Oracle's shares surged, nearing a $1 trillion valuation, driven by its AI cloud business and multi-billion-dollar deals. The stock's rise has positioned co-founder Larry Ellison to potentially surpass" type: "news" locale: "en" url: "https://longbridge.com/en/news/256916244.md" published_at: "2025-09-11T11:44:58.000Z" --- # Oracle nears $1 trillion valuation, Ellison edges toward richest-person title > Oracle's shares surged, nearing a $1 trillion valuation, driven by its AI cloud business and multi-billion-dollar deals. The stock's rise has positioned co-founder Larry Ellison to potentially surpass Elon Musk as the world's richest person. Oracle's market valuation reached $933 billion, with shares up nearly 36% recently, outperforming the S&P 500. Ellison's net worth increased by $100 billion to $392.6 billion, fueled by his significant stake in Oracle, which trades at a premium compared to competitors like Amazon and Microsoft. Ellison’s net worth nears Musk’s amid Oracle’s rise Oracle’s shares outperform S&P 500, trading at premium Oracle’s AI cloud business drives stock surge By Joel Jose Sept 11 (Reuters) - Oracle’s (ORCL.N) shares rose on Thursday, adding to a record run in the previous session and lifting stocks across the tech sector, as the company inches closer to the trillion-dollar club on soaring gains from its AI cloud business. The enterprise software maker’s remarkable rise, fueled by a wave of multi-billion-dollar cloud deals, puts the spotlight on the scramble for computing power from companies that are pouring billions to become leaders in the AI race. The stock’s gains also put Oracle co-founder Larry Ellison on course to surpass Elon Musk, who is the world’s richest man. “Oracle lit a fire under the rekindled AI trade,” said Richard Hunter, head of markets at Interactive Investor, adding that the company’s multi-billion-dollar demand outlook has triggered a “ripple effect” for AI-related stocks. The Wall Street Journal also reported on Wednesday that OpenAI has signed a $300 billion deal with Oracle for computing power, among the biggest in history, likely accounting for the bulk of the new revenue Oracle outlined on Tuesday. Oracle’s shares were last up 1.5% in premarket trading after climbing as much as 35.9% on Wednesday, lifting the company’s market valuation to a record $933 billion, as of last close. The stock has nearly doubled in value this year, making it among the top performers in the S&P 500 index (.SPX) , trouncing gains made by the so-called Magnificent Seven stocks. Co-founder Ellison saw his net worth soar by nearly $100 billion to $392.6 billion, largely driven by his 41% stake in Oracle, compared with Tesla (TSLA.O) CEO Musk’s $439.9 billion fortune that still tops Forbes’ global wealth rankings. Oracle’s shares were trading at a premium compared to its cloud services peers. Their 12-month forward price-to-earnings multiple was 45.3, compared to Amazon’s 31.3 and Microsoft’s 31. Oracle trounces gains made by S&P 500 this year ### Related Stocks - [ORCL.US - Oracle](https://longbridge.com/en/quote/ORCL.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Why Oracle stock popped today | The database leader is poised for a rebound. | [Link](https://longbridge.com/en/news/275380219.md) | | Hillsboro Health Chooses AI-Powered Oracle Health Solutions to Help Advance Patient Care, Optimize Operations \| ORCL Stock News | Hillsboro Health, a 25-bed critical access hospital in Illinois, has selected Oracle Health solutions to enhance patient | [Link](https://longbridge.com/en/news/275610650.md) | | Oracle Health Clinical AI Agent, Clinical Note Helps UK Doctors Spend More Time on Patient Care \| ORCL Stock News | Oracle Health has launched its Clinical AI Agent, Clinical Note, in the UK, aimed at reducing documentation time for hea | [Link](https://longbridge.com/en/news/275730837.md) | | Oracle Java licensing worries are percolating through the userbase | Concerns over Oracle's Java licensing changes are affecting 92% of users, up from 82% last year. The shift to a per-empl | [Link](https://longbridge.com/en/news/275472211.md) | | Regrow Israel Selects Oracle Agriculture Data Intelligence to Help Restore and Strengthen Farming Across Country | ReGrow Israel has selected Oracle Agriculture Data Intelligence to enhance farming across the country. This platform com | [Link](https://longbridge.com/en/news/275921361.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.