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Snapshot 3:Wed, Sep 10, 2025 5:45:58 PM GMT last edited by Vandita

Oracle's Ellison Overtakes Musk as World's Richest Person

Oracle's Ellison Overtakes Musk as World's Richest Person

Oracle's Ellison Overtakes Musk as World's Richest Person
Above: Larry Ellison in the Oval Office of the White House on Feb. 3, 2025. Image credit: Anna Moneymaker/Getty Images

The Spin


ThisOracle's massivemeteoric stockrise surgedemonstrates looksthat suspiciouslythe likecompany AIhas hypecracked drivingthe unrealisticcode valuationson ratherAI thaninfrastructure, sustainablea businessfeat fundamentals.that Oracle'sits suddencompetitors jumpare fromstill $138struggling billion to master. The $455 billion in bookings highlights genuine demand from the biggest names in AI who need Oracle's superior cloud services. This isn't just threea monthsstock raisesbubble serious questionsit's aboutrecognition whetherthat theseOracle contractsbuilt willthe actuallyright materializetechnology intoat realthe revenueright time.

This massive stock surge looks suspiciously like AI hype driving unrealistic valuations rather than sustainable business fundamentals. Oracle's sudden jump from $138 billion to $455 billion in bookings in just three months raises serious questions about whether these highly speculative, possibly inflated contracts will actually materialize into real, dependable revenue anytime soon.

The obscene concentration of wealth has reached new heights as Oracle's Larry Ellison overtakes Elon Musk as the world's richest person. This isn't innovation rewarded — it's AI-fueled market euphoria enriching a select few while economic inequality deepens. Valuations soar on hype, not fundamentals, and billions funnel upward as everyday people struggle with stagnant wages and rising costs.


Metaculus Prediction

There's an 81% chance that Elon Musk will be the richest person in the world on Dec. 31, 2025, according to the Metaculus prediction community.


The Controversies


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All rights reserved.

Version 7.4.1