ellipse()

clip-path: ellipse(20px 50px);

clip-path: ellipse(4rem 50% at right center);

clip-path: ellipse(closest-side closest-side at 5rem 6rem);

clip-path: ellipse(closest-side farthest-side);

<section class="default-example" id="default-example">
  <div class="transition-all" id="example-element"></div>
</section>

#default-example {
  background: #ffee99;
}

#example-element {
  background: linear-gradient(to bottom right, #ff5522, #0055ff);
  width: 100%;
  height: 100%;
}

shape-outside: ellipse(40% 50% at left);
shape-outside: ellipse(closest-side farthest-side at 30%);

<div class="box">
  <div class="shape"></div>
  <p>
    One November night in the year 1782, so the story runs, two brothers sat
    over their winter fire in the little French town of Annonay, watching the
    grey smoke-wreaths from the hearth curl up the wide chimney. Their names
    were Stephen and Joseph Montgolfier, they were papermakers by trade, and
    were noted as possessing thoughtful minds and a deep interest in all
    scientific knowledge and new discovery. Before that night—a memorable night,
    as it was to prove—hundreds of millions of people had watched the rising
    smoke-wreaths of their fires without drawing any special inspiration from
    the fact.
  </p>
</div>

body {
  font: 1.2em / 1.5 sans-serif;
}
.shape {
  float: left;
  shape-outside: ellipse(40% 50% at left);
  margin: 20px;
  width: 100px;
  height: 200px;
}

<div class="box">
  <div class="shape"></div>
  <p>
    One November night in the year 1782, so the story runs, two brothers sat
    over their winter fire in the little French town of Annonay, watching the
    grey smoke-wreaths from the hearth curl up the wide chimney. Their names
    were Stephen and Joseph Montgolfier, they were papermakers by trade, and
    were noted as possessing thoughtful minds and a deep interest in all
    scientific knowledge and new discovery. Before that night—a memorable night,
    as it was to prove—hundreds of millions of people had watched the rising
    smoke-wreaths of their fires without drawing any special inspiration from
    the fact.
  </p>
</div>

body {
  font: 1.2em / 1.5 sans-serif;
}
.shape {
  float: left;
  shape-outside: ellipse(closest-side farthest-side at 30%);
  margin: 20px;
  width: 100px;
  height: 140px;
}