Tech company whose founder beat Elon Musk as world’s richest man for a day loses 30% in market value

Oracle founder Larry Ellison briefly surpassed Elon Musk in wealth after a massive OpenAI deal boosted Oracle’s stock. However, the gains have evaporated, with Oracle’s value plummeting recently. Musk has since reclaimed his top spot, driven by strong performances from Tesla and SpaceX, showcasing the volatile nature of tech billionaire rankings.

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