CEO Larry Ellison Paid $12 Million To Help Flip Bryce Underwood

According to the New York Times, Oracle co-founder Larry Ellison paid $12 million to a conservative political action committee (PAC) that supported Bryce Underwood in the 2022 Arizona gubernatorial election.

Background

Underwood, a Republican, ultimately lost the race to Democrat Katie Hobbs. The election was closely watched as a test of the Republican Party’s strength in a state that has become increasingly competitive in recent years.

Key Facts and Latest Updates

The PAC, called “Arizona First,” was formed in February 2022. It spent more than $18 million on Underwood’s behalf, making it one of the largest donors to his campaign.

“I am grateful for the support of Larry Ellison and all of our donors who believe in our vision for Arizona,” Underwood said in a statement. “This investment will help us continue to fight for conservative values and make Arizona a better place to live, work, and raise a family.”

Analysis or Impact

Some observers believe that Ellison’s donation is a sign that the Republican Party is becoming more extreme. Ellison is a prominent supporter of former President Donald Trump, and his donation to Underwood is seen as an attempt to promote Trump’s agenda.

“This is a clear sign that the Republican Party is moving further to the right,” said David Axelrod, a Democratic strategist. “Larry Ellison is one of the most extreme donors in the Republican Party, and his donation to Bryce Underwood shows that the party is embracing Trumpism.”

Conclusion

Ellison’s donation to Underwood is a significant development in the Republican Party. It is a sign that the party is becoming more extreme and that Trumpism is still a powerful force within the party.