Donald Trump Grants Major Business Wins to Larry Ellison

President Donald Trump facilitated a series of significant business gains for Oracle co-founder Larry Ellison and his son, David Ellison, following a $45 million donation from Larry Ellison to a pro-Trump nonprofit during the 2024 campaign. These financial ties coincided with high-level government approvals and contracts.

In January 2025, Oracle was named an architectural anchor for Stargate, a $500 billion federal initiative to build AI data centers across the United States. By September 2025, Oracle also joined an investor group to acquire TikTok's U.S. operations following a presidential executive order. Further ties between the two men include shared ideological views on Israel and mutual criticism of mainstream media, with Larry Ellison suggesting a potential overhaul of CNN.

The administration's support extended to David Ellison, whose company, Paramount Skydance, merged with Paramount and later secured an $81 billion takeover of Warner Bros. Discovery in June 2026 after the Justice Department closed its antitrust investigation. While the White House denies favoritism, documents indicate that Trump's own investment accounts actively traded Oracle shares earlier this year.