In the span of just a few months, not only did Elon Musk lose his role as Donald Trump's co-president but he may have also lost his title as world's richest man.

According to Bloomberg, Musk was dethroned from his position on Tuesday by Oracle co-founder Larry Ellison, whose cloud computing company saw its stock soar thanks to the artificial intelligence boom. Ellison's net worth skyrocketed by over $100 billion on Wednesday morning due to Oracle's soaring stock price when the market opened. Ellison is now worth $393 billion, surpassing Musk's $385 billion, according to Bloomberg.

There is some conflicting data here, though. Forbes, which tracks net worths of the richest people in the world in real time, still shows Musk leading Ellison by a little over $35 billion as of Wednesday at 12

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