Elon Musk has reclaimed his position as the world’s richest person, just days after Oracle co-founder Larry Ellison briefly surpassed him in net worth rankings. According to Bloomberg’s Billionaires Index, Ellison’s fortune climbed past Musk’s following a surge in Oracle shares, driven by strong cloud services growth and AI-driven demand.
For a short window, Ellison’s net worth was estimated at $237 billion, overtaking Musk’s $236 billion. However, Tesla’s stock recovery and the rising private valuation of SpaceX helped Musk bounce back, restoring his lead at an estimated $240 billion.
The wealth shuffle highlights how volatile billionaire rankings have become in the AI era, where market swings and technology valuations can dramatically shift fortunes overnight. Ellison, who has quietly built Oracle into a central player in the global AI race, is now considered one of Musk’s closest competitors in the ultra-rich club.
Musk, however, still holds dominance due to Tesla’s EV market leadership and SpaceX’s increasing role in global satellite internet through Starlink. With AI and green tech defining global markets, analysts expect the rivalry between tech titans like Musk, Ellison, Jeff Bezos, and Bernard Arnault to intensify.
The question now is not whether Musk will stay at the top, but how long it will take before another billionaire, powered by AI or luxury markets, dethrones him again.