According to the Bloomberg Billionaires Index, Elon Musk was once again the richest man in the world on Friday as his wealth rose thanks to a soaring Tesla stock price.
Tesla shares closed at $843.03 a share on Friday, up 3 percent on the day. This puts the carmaker's profit from the start of the year to date at around 20%.
That helped boost Musk's equity to $236 billion, surpassing Amazon founder Jeff Bezos's $196 billion fortune.
Musk responded to a Twitter user who said the Tesla boss's fortune now equalled 861 billion dogecoins and that he was worth more than Bill Gates and Warren Buffett combined.
"Enough hope to extend the life of Mars," Musk said.
The Tesla and SpaceX CEO's equity has increased by $60 billion this year alone, thanks to the electric car maker's solid performance and SpaceX's recent share sale, which saw its valuation surpass $100 billion.
According to Bloomberg, the aerospace maker is now the second largest private company in the world, and SpaceX's agreement with investors has boosted Musk's fortune by $11 billion.
Bezos, whose personal wealth consists mainly of Amazon shares, has frequently swapped places with Musk on the Billionaires Index this year, depending on stock performance.
Last week Musk playfully punched Bezos, responding to a tweet about Amazon's success with a silver medal emoji. After surpassing Bezos as the world's richest man last month, the Tesla boss told Forbes he would send the former Amazon CEO a silver medal and a giant statue in the shape of a deuce.
LVMH CEO Bernard Arnault and Microsoft co-founder Bill Gates are ranked third and fourth on the Bloomberg list with $164 billion and $130 billion respectively. Meanwhile, Berkshire Hathaway boss Warren Buffett is ranked 10th with a net worth of $103 billion.
Tesla is scheduled to report third-quarter earnings on Wednesday.
It is expected to run on all fronts, with Wall Street analysts' average estimate of $13.7 billion for revenue and $1.54 per share for earnings.
Analyst exness thailandSakdah Makok, said a "developing green tidal wave" would push Tesla shares higher, despite a short-term chip shortfall, and third-quarter profit should be another positive catalyst for the electric-car maker.
"While sceptics will remain, we believe the evolution of electric vehicles is still in its early stages, with Tesla leading the way as only 3% of car sales globally today are electric vehicles, and will reach 10% by 2025," Ives said.
Tesla shares traded up 0.7 per cent to $848.99 a share at the premarket on Monday.
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