[Central News Agency] According to Forbes magazine (Forbes), the founder and CEO of the US electric car manufacturer Tesla (Tesla) Elon Musk (Elon Musk) briefly fell out of the world's richest man today.

Agence France-Presse reported that as the market intensified worries about interest rate hikes and economic recession, U.S. technology stocks fell. Musk briefly gave up the top spot on the Forbes billionaires list today. The family of Bernard Arnault, chief executive of LVMH.

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But at around 17:30 GMT, Musk regained the richest man's throne with a net worth of US$184.9 billion, while Arnault and his family fell back to second place on the list with a net worth of US$184.7 billion.

Tesla has lost nearly half of its market value so far, and its stock price fell again today, while Musk's wealth is closely related to Tesla's stock price. Since he began his attempt to buy Twitter (Twitter) in April this year, his net worth has dropped by about 700. One hundred million U.S. dollars.

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