SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer Award 2020 on December 1 2020 in Berlin, Germany.Tesla CEO Elon Musk was named Time magazine's"Person of the Year" for 2021, a year that saw his electric car company become the most valuable carmaker in the world and his rocket company soar to the edge of space with an all-civilian crew.
"For creating solutions to an existential crisis, for embodying the possibilities and the perils of the age of tech titans, for driving society's most daring and disruptive transformations, Elon Musk is TIME's 2021 Person of the Year," the magazine's editor-in-chief Edward Felsenthal, said. From hosting Saturday Night Live to dropping tweets on cryptocurrencies and meme stocks that have triggered huge movements in their value, Musk has dominated the headlines and amassed over 66-million followers on Twitter.According to the magazine,"The Person of the Year" signifies somebody"who affected the news or our lives the most, for better, or worse."