Larry Ellison pledged Oracle, Tesla and SpaceX shares for loans before son's Warner deal

Larry Ellison pledged Oracle, Tesla, SpaceX and Paramount Skydance shares as collateral for loans ahead of his son David's acquisition of Warner Bros. Discovery, which closed October 6. JPMorgan and Citigroup expanded the collateral days before closing, while Ellison cancelled a plan to sell up to 50 million Oracle shares worth about $7.5 billion.

• About 413 million Oracle shares were pledged as of September 21, 2026, up from 346 million a year earlier
• At $137.10, the pledged Oracle stake was worth roughly $56.6 billion
• Citigroup raised Oracle collateral from 30 million to 45 million shares and cut Tesla from 3 million to 1.5 million
• JPMorgan added SpaceX and Paramount Skydance shares to collateral on October 1