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Oracle’s AI Windfall Sends Shares Soaring as Ellison Briefly Becomes No. 1 on Bloomberg Rich List

New guidance on a $455 billion AI order book, plus 2030 revenue targets, reset Wall Street’s expectations.

Larry Ellison, le 21 janvier 2025 à Washington.
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Larry Ellison ne se prive de rien, pas même, tel Marlon Brando, de s'acheter des îles.
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Overview

  • Oracle shares jumped roughly 38% to 43% on September 10, the company’s biggest single‑session gain since 1992, after its AI outlook surprised investors.
  • The company said its order backlog for AI infrastructure has surged to about $455 billion, up from roughly $138 billion just months earlier.
  • Oracle projected its infrastructure revenue rising to $144 billion by 2030, with interim targets of $18 billion, $32 billion, $73 billion and $114 billion across the next four fiscal years.
  • Market value swelled from roughly $660–680 billion to around $920–950 billion at the session peak, bringing Oracle close to a $1 trillion valuation.
  • Larry Ellison briefly topped Elon Musk on Bloomberg’s index thanks to his roughly 41% Oracle stake, though Forbes’ real‑time ranking and subsequent market moves left Musk in first place.