# Ellison’s Massive Oracle Stock Sale | Business and Finance News

Page: https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/ellison-s-massive-oracle-stock-sale-business-and-finance-news
Text version: https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/ellison-s-massive-oracle-stock-sale-business-and-finance-news.md
Podcast: [Business News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192)
Published: 2026-09-12T09:44:00+00:00
Episode link: https://sources.thednn.ai/d04160be7ee95e4e
Audio file: https://api.fastcast.ai/audio/ad50d272-6407-4691-bec6-e2978ba24556.mp3
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Duration seconds: 94

## Resource

Larry Ellison, Oracle’s co-founder and 82-year-old tech titan, is poised to sell up to 50 million shares—worth $7.5 billion—between June 22 and October 24, marking a massive shift from his historic reluctance to offload stock. Despite this, he’ll still retain over 1.1 billion shares, maintaining control of more than 40% of the company. His strategic pivot helped transform Oracle from legacy software to an AI powerhouse, buoyed by a recent earnings beat driven by cloud growth—but at a cost: soaring debt has rattled investors, dragging the stock down 20% year-to-date. Meanwhile, Ellison’s financial influence extends beyond Oracle—he helped fund the Skydance-Paramount merger through his son David’s production company, cementing his status as the world’s seventh-richest man. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/d04160be7ee95e4e

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