Tesla CEO Elon Musk has once again become the richest person on Earth by defeating Amazon chief Jeff Bezos.


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As per the Bloomberg Billionaires Index, the Tesla chief executive officer's wealth rose to $199.9 billion after the rocket company he founded completed another funding round. Musk’s space startup, SpaceX, raised $850 million in fresh funding this month from a group of investors led by Sequoia Capital. The rocket company is valued at $74 billion after the round, which is a 60 percent jump from August.


Tesla had earlier announced that it has invested $1.5 billion in the Bitcoin cryptocurrency. The announcement led to a surge in the price of one Bitcoin, which has even surpassed $50,000 per coin.


Tesla said it will also “begin accepting Bitcoin as a form of payment for our products in the near future”.


Tesla owner Elon Musk has earlier bought Dogecoin - a cryptocurrency - for his son X Æ A-Xii. Earlier, Musk triggered a surge in Dogecoin`s price with a single word tweet "doge."


Dogecoin, which started as a joke or an Internet parody based on a viral dog meme, has earlier skyrocketed to 800%.