WorldWhy was billionaire Elon Musk chosen by Time magazine as 'Person of...

Why was billionaire Elon Musk chosen by Time magazine as ‘Person of the Year 2021’?

In 2021, this billionaire “occupies” many news and attracts more than 66 million followers on his personal Twitter.

“For creating solutions to existing crises, for embodying both opportunity and threat in the age of tech giants, for driving society’s most daring and disruptive transformations , Elon Musk was chosen as Time’s 2021 person,” according to Editor-in-Chief Edward Felsenthal.

Tesla, Musk’s electric car company, has become the world’s most valuable car maker. Tesla’s market value grows to over $1 trillion in 2021.

His rocket company SpaceX also sends an all-human crew to the edge of space. Musk also hosts Saturday Night Live.


His Twitter posts about cryptocurrencies and stock memes have at times wobbled in value, prompting warnings from authorities.

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