Oracle Surges on AI Cloud Wins, Pushing Ellison toward Trillion-Dollar Status
Oracle’s stock jumped approximately 43% yesterday after publicizing several multi-billion-dollar AI cloud contracts. The sharp rally brings Oracle's market valuation close to the $1 trillion mark and propels co-founder Larry Ellison closer to overtaking Elon Musk as the world’s richest person.
DAte
Sep 9, 2025
Category
Technology & Markets
Reading Time
5–6 Minutes
On September 10, 2025, Reuters reported Oracle shares soared around 43%, marking its biggest one-day gain since 1992. The surge followed announcements of four high-value AI cloud contracts, including a reported $300 billion deal to supply compute capacity to OpenAI over five years. This sharp rise in share price has elevated Oracle’s valuation toward $913 billion, bringing Larry Ellison in striking range of the trillion-dollar billionaire class, and closing in on Elon Musk.
Key Highlights
~43% one-day stock rally, Oracle’s biggest since 1992
Reported $300 billion compute deal with OpenAI over a five-year term
Puts Oracle’s valuation close to $1 trillion, Ellison’s net worth surging
Represents major investor confidence in AI cloud services growth
Why This Matters
AI fueling stock surges: Demonstrates how AI-related contracts are reshaping market valuations.
Strategic long-term sourcing: Massive deal with OpenAI signals enterprises securing consistent AI cloud capacity.
Wealth shift indicator: Ellison’s climb in net worth reflects AI’s financial upside for tech founders.
Investor sentiment signal: The rally indicates markets are prioritizing AI cloud capabilities in valuation.
Source
Reuters – Full Article
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