Elon Musk is Time Person of the Year 2021

Elon Musk Time person of the year 2021

Elon Musk named 'Time Person of the Year 2021'

Elon Musk has been named 'Person of the Year 2021' by Time Magazine. Apart from this, pop singer Olivia Rodrigo 'Entertainer of the Year', American gymnast Simone Biles has been named 'Athlete of the Year' and vaccine scientists 'Heroes of the Year' by Magazine.

Short History of the 'Person of the Year Award'

Person of the year was started in 1927; this title is given every year.

Awarded to a person who emerges as an influential personality throughout the year.

Earlier US Presidents Joe Biden, Kamala Harris, Mark Zuckerberg, and Jeff Bezos have also received this title.

Check Also:

Why is it important to invest in Bitcoin?

What is an Investment? Why do rich people Invest?

Why do share market goes up and down?

Why did Elon Musk get the title of 'Person of the Year' in 2021? | Know About Elon Musk

As we know, Elon Musk is the founder and CEO of aerospace maker SpaceX.

He is the owner of many other big companies including the electric car company Tesla.

Significantly, in 2021, the market value of Tesla has exceeded $1 trillion; Elon musk has over 66 million followers on Twitter.

His goal is to make humanity a multi-planet species, and in a time in which NASA has abdicated its operations to put people in low earth orbit. And for the time being, at least, put people on the other worlds, SpaceX has stepped in like no other private company before it around the world.

So Elon musk's wealth is largely tied up in Tesla stock. He is not only the CEO but also its largest shareholder, and Tesla is one of the most valuable companies in the country.

Read Also: