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Elon Musk is now the third richest man in the world.

Tesla and SpaceX CEO Elon Musk is climbing the ranks of richest people in the world and can now claim the number three spot, which was previously held by Facebook CEO Mark Zuckerberg.


Musk is now worth $115.4 billion, Bloomberg reported Monday, while Zuckerberg is worth $110.8 billion. Just last month, Musk had become the fourth richest person in the world.

The increase in Musk's value comes after Tesla underwent a forward stock split, meaning Tesla's stock split so shareholders now own more stock, signaling a rise in value.

Musk is also growing his companies close to home, with the new Tesla Gigafactory underway in Southeast Travis County and SpaceX South Texas launch site.

Two weeks ago, a SpaceX job ad revealed a SpaceX resort coming to South Texas. And most recently, a job ad for Austin's Tesla location shows is it hiring a video game engineer. Tesla first introduced video games to its cars in 2018.

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