Elon Musk's fortune saw a significant boost, gaining $224 million in a single day, according to Bloomberg's Billionaires Index.
This increase brought his total net worth to $369 billion as of Wednesday's Wall Street close.
The rise is linked to Musk's apology on X for previous posts about former U.S. President Donald Trump.
Musk stated he regretted some of his posts from the previous week, which may have improved relations with Trump.
Trump responded positively to Musk's apology, potentially signaling a reconciliation.
Forbes also reported a rise in Musk's fortune, estimating a gain of $191 million in a few hours, bringing his estimated fortune to $411.4 billion.