Larry Ellison quietly gave $45 million to a pro-Trump dark money group ahead of Oracle's Stargate role
Jun 1, 2024Reporting in June 2026 revealed that Larry Ellison funneled roughly $45 million through a tax-exempt nonprofit vehicle to a group supporting Trump's 2024 campaign -- a donation not previously disclosed because it was routed through a structure exempt from FEC reporting requirements. The donation preceded Oracle's prominent role in the Trump-announced $500 billion Stargate AI infrastructure venture with OpenAI and SoftBank, and Oracle's subsequent involvement in the TikTok/ByteDance divestiture deal and a Paramount-related transaction.