Elon Musk has taken back the world’s richest man title, after he gains of $9.81 billion on Wednesday, February 24.

His company share gain 6.18% which surged back to $190 billion, thereby making the market value of Tesla at $712 billion coupled with the SpaceX he founded completing another funding round, according to Bloomberg Billionaires Index.

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This is the third time Elon past Amazon founder, Jeff Bezos, who is now worth $185 billion. Few days ago, Bezos reclaimed the title as the world’s richest person after Tesla shares plunged to record levels.

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Elon other company SpaceX raised another $850 million this month from a group of leading institutional investors led by Sequoia Capital.

The investment has put SpaceX’s valuation at $74 billion, which was a 60% jump from August, and has helped boost Musk’s net worth by about $11 billion.

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