OpenAI’s failure wouldn’t just be fatal for Oracle, but also Oracle founder Larry Ellison, who has pledged 346 million of his Oracle shares - $61.5 billion - for an estimated $21bn+ in personal loans that will face big margin calls if stock prices drop.

The Ellisons are truly living on the edge here. Whole thing could go up in smoke. https://t.co/1uKsf7AEmE

— Ryan Grim (@ryangrim) April 24, 2026