Larry Ellison abruptly cancels plan to sell $7.5B in Oracle shares
rohanpaul_ai · x · 2026-09-13
Larry Ellison canceled a plan to sell up to 50 million Oracle shares worth roughly $7.5B — just one day after Oracle disclosed its founder had arranged the trading plan for sale by late October. Oracle said Ellison has no other sale plans but gave no reason for the abrupt reversal, sparking speculation amid the AI-driven rally in Oracle's cloud business.
Related event: Ellison abruptly cancels $7.5 billion Oracle stock sale plan(2 posts)→
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