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Musk’s rocket company continues to fire on all cylinders, recently completing a lucrative fundraising round, according to a CNBC report.

The Tesla chief’s fortune increased the most, however, after Joe Biden was elected president.

Tesla billionaire Elon Musk reclaimed the top spot on Thursday, as he and Jeff Bezos continue to trade places.

Just $200 million separates Jeff Bezos and Musk’s respective fortunes.

Tesla’s stock snapped back on Tuesday, adding billions of dollars to Musk’s fortune and again making him the wealthiest person on the planet.

Musk, who became the world’s richest person on Friday according to Forbes, loses that spot after Tesla’s stock fell nearly 8% on Monday.

The Tesla chief’s fortune has grown more than $165 billion over the past year.

The Tesla billionaire’s incredible run continues, but he’s still $11 billion behind Jeff Bezos.

Several Chinese billionaires also enjoyed strong gains this week, as did tech moguls like Jeff Bezos and Larry Ellison.

The drop in Musk’s net worth comes a day after he briefly overtook LVMH chairman Bernard Arnault to become the world’s second richest person. Now, he’s back to number three, according to Forbes.