# Larry Ellison calls off a $7.5B stock sale

> Oracle's co-founder had 50 million shares teed up, then pulled the whole plan with no explanation.
- Title: Larry Ellison calls off a $7.5B stock sale · TechCrunch
- Summary: Oracle's co-founder had 50 million shares teed up, then pulled the whole plan with no explanation. Ellison walked away from a $7.5 billion cash-out while…
- Keywords: oracle, larry ellison, stocks, tiktok, data centers, technology, startups, Larry, Ellison, calls, stock, sale
- Source: TechCrunch — https://techcrunch.com/2026/09/13/larry-ellison-cancels-7-5-billion-sale-of-oracle-stock
- Author: Anthony Ha
- Published: 2026-09-13T20:49:38+00:00
- Read time: 1 min
- Topics: oracle, larry ellison, stocks, tiktok, data centers, technology, startups
## The sale is off
Oracle said on Saturday that co-founder and executive chairman Larry Ellison has canceled a planned sale of his Oracle stock.
## Fifty million shares
A regulatory filing had disclosed the plan: 50 million shares, worth roughly $7.5 billion, according to Reuters.
## No reason given
Oracle offered no explanation for the reversal, only a flat statement that nothing moved and nothing will.

> No Oracle stock was sold under that plan, and he has no other plans to sell any of his Oracle stock.
## The stock is hurting
Oracle shares are down 22% since the start of the year, so this would have been a cash-out into a falling price.
## Money going out the door
Oracle has been spending hard on data centers, and it recently became a major owner and security partner for TikTok's U.S. operations.
## A family bet in court
Ellison has also put his wealth behind his son David's acquisition of Warner Bros., which is now being fought over in court.
## Key takeaway

Ellison walked away from a $7.5 billion cash-out while Oracle stock sits down 22% for the year, and the company says he has no plans to sell any of it.