American billionaire Larry Ellison pledges Tesla, SpaceX stock for son's $110bn Warner deal

Billionaires Africa | 21.10.2026 19:21
American billionaire Larry Ellison put up shares in Tesla Inc., SpaceX and Paramount Skydance this year as collateral to borrow more money from banks, helping to fund his son David Ellison's $110 billion takeover of Warner Bros. Discovery.