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It's particularly interesting given Ellison and Musk have become close in recent years, with Ellison buying a large chunk of Tesla and joining the board (now a
by adventured 6y ago
It's particularly interesting given Ellison and Musk have become close in recent years, with Ellison buying a large chunk of Tesla and joining the board (now a $9.5 billion personal holding). Zero chance these moves weren't widely discussed between them over time.
- skinnymuch 6y agoThat sounds like a big personal holding. But if he bought it in Early and mid 2019, then he probably spent under a billion for his stake. Which for him isn’t much. 1.5% of the company is still a solid portion. Especially if Musk ever needs to sell shares for some reason and needs an ally with substantial ownership to align with him for continued control