Musk reclaims his position of being richest in the world


After SpaceX finished another funding round, Elon Musk is back at the top and has reclaimed his status as the world’s richest guy, bringing him to the very top of the Bloomberg Billionaires Index. Since his rocket firm finished the new financing round, Musk’s fortune rose to $199.9 billion.

Once more, he vanquished Amazon’s Jeff Bezos, who just regained the position as the richest person in the world for a short time after Tesla motors shares fell, dragging down Elon musk’s net worth. Bezos is reportedly estimated at 194,2 billion dollars.

From a group of investors led by Sequoia Capital, the Musk rocket company raised $850 million. The round values the organization at $74 billion, according to the index, which really is an immediate jump of 60% from August. Musk’s net worth jumped by about $11 billion thanks to the round.

Musk roiled the Bitcoin price and a lesser-known cryptocurrency, Dogecoin, which spiked earlier this month with a meme tweeted by Musk.

In the meantime, Bitcoin blew past $50,000 days after Tesla announced plans for $1.5 billion to retain the blockchain on its balance sheet.

Musk has also recently invited President Vladimir Putin of Russia for a chat session on the social media app Clubhouse. Although the Russian President is not active on social media, the invitation was “undoubtedly very interesting,” a Kremlin spokesperson said.

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