Larry Ellison quietly gave $45 million to a pro-Trump group before Oracle landed Stargate role

Corporate ActionRegulation Impact 4
โดย Fortune·Read original
Summary · why it matters

Oracle cofounder Larry Ellison gave about $45 million to a nonprofit backing Donald Trump’s 2024 campaign, people familiar with the fundraising told The Wall Street Journal. The donation was not subject to disclosure rules and had not been previously reported. Ellison’s low-key approach contrasts with other tech leaders’ public engagements with Trump, yet Oracle has since secured prominent roles in major initiatives. The day after Trump’s second inauguration, Oracle was named an anchor of Stargate, a $500 billion plan to build AI data centers across the U.S., and later in 2025 joined a group taking over TikTok’s U.S. operations. Oracle reported $455 billion in remaining performance obligations in September 2025, up 359% year over year. Ellison’s son David also benefited, with the Trump administration clearing Skydance’s merger with Paramount and the Justice Department approving Paramount Skydance’s takeover of Warner Bros. Discovery without divestitures, though California’s attorney general says the deal remains under investigation.

Impact on stocks 7

Artificial Intelligence▲ · 3 stocks
Communication Services± Mixed · 2 stocks
Warner Bros Discovery Inc
WBD
▼ NegativeRegulationrelevance

Paramount Skydance's takeover of Warner Bros. Discovery was approved without divestitures, but California's attorney general says deal remains under investigation.

Cloud & Digital Infrastructure▲ · 1 stocks
Oracle Corporation
ORCL
▲ PositiveCapitalrelevance

Oracle secured anchor role in Stargate AI data center project and joined TikTok U.S. operations, boosting performance obligations 359% YoY.

Defense & Geopolitical Fragmentation▲ · 1 stocks

Theme Impact 3

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