People express disbelief as Elon Musk reclaims title of world’s richest person amid Twitter rebrand

People are expressing their disbelief over Elon Musk reclaiming his title as the world’s richest person just hours after launching his latest Twitter rebrand.

On 24 July, Forbes revealed that Musk was back in the number spot on the magazine’s real-time billionaires list. According to Forbes’ calculations, Musk’s net worth gained another $4.1bn on Monday, bringing him up to a total net worth of $240.7bn. The publication notes that this increase in his net worth came after Tesla’s stock climbed by more than 2.5 per cent on Monday morning.

Musk had briefly lost his number one spot on the list on Friday, after Tesla’s stock went down by nearly 10 per cent, causing his net worth to drop by $18bn.

Hours before he bounced back up on Forbes’ list, he launched a rebrand for Twitter, which replaced the famous blue bird with a new X logo. According to Linda Yaccarino, who Musk hired to be the chief executive of Twitter, the logo change is part of the company’s plan to transform “everything” on the app.

On Twitter, fans have expressed their confusion over Musk’s title as the richest person in the world, while poking fun at the new Twitter logo he’s launched.

“I genuinely have no idea how Elon Musk became the world’s richest man with business decisions like these,” one person wrote.

“Lol. Elon Musk is one of the richest people in the known universe … and it looks like he hired some 2.5 star rando on fiverr to do the logo animation,” another quipped.

Others proceeded to make references to Musk’s personal life and social media presence in their jokes.

“Elon Musk is the world’s richest man. Has several kids. Runs several companies. Has over 100 million followers. And still finds time to reply to random people on Twitter that he doesn’t even know,” one individual wrote. “And you still think she was too busy to reply.”

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