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Ellison has been a significant investor in Musk's companies. He pledged $1 billion towards Musk's Twitter (now X) acquisition in 2022, demonstrating both his financial support and confidence in Musk's vision for the platform.
Oracle was initially named after a CIA project called "Oracle," which Ellison worked on while he was at Ampex Corporation. This project was related to developing a database management system for the CIA, which became Oracle's first customer when the company was founded in 1977.
The name Stargate Project was historically a U.S. military program focused on investigating psychic phenomena like remote viewing for intelligence purposes. It was officially discontinued in 1995 due to a lack of scientific validation and practical utility (their claim). The name "Stargate Project" has now been revived and is now linked to new initiatives, including the use of AI vaccine development.