00:00Yes, Elon Musk did become the second richest man in the world. Even though that lasted
00:05about only half an hour, the man who passed him? Oracle co-founder Larry Ellison. Thanks
00:10to one explosive stock surge, Oracle's shares spiked 36% in minutes, instantly adding $100
00:17billion to Ellison's fortune. That leap dethroned Musk, but only briefly. By the end of the day,
00:23he was back on top, just $1 billion ahead. So what powered Ellison's rise?
00:28No other than AI. Oracle announced $300 billion in new deals with OpenAI, Meta, NVIDIA,
00:34and even Musk's own XAI. Meanwhile, Tesla's been sliding. Sales are down, investors are spooked,
00:41and Musk's politics aren't exactly helping. And it turns out, being the richest man on earth
00:46can vanish faster than a swing in the stock market.
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