Elon Musk was briefly no longer the world’s richest person after being overtaken by Larry Ellison.

A recent deal struck by his multi-billion pound company SpaceX sent Musk to the top of the rich list with a net worth of around $384billion, according to Bloomberg.

But US tech billionaire Larry Ellison briefly took Musk’s crown on Wednesday.

His wealth spiked after Oracle, a business software company he has invested in, reported better financial results than expected.

Ellison owns a 41% stake in Oracle, and the company’s shares rose by more than 40% in early trading, meaning his stake ended up worth around $393billion.

His time on top was short-lived, however, as by the close of trading his stake was worth $378billion, putting Musk back in the lead. A significant driver behind Musk’s re

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