Elon Musk Is Time Magazine's Person Of The Year For 2022

American billionaire Elon Musk widely known for his electrical vehicle and space transportation companies has been chosen as Fourth dimension Magazine's 2021 person of the year. Time revealed its latest pick earlier today, equally information technology dedicated an entire commodity to Musk and his companies. Following the meteoric share price rise for his car company Tesla, Musk has flirtd with the superlative spot for the world's richest, managing to beat out Amazon founder Mr. Jeff Bezos multiple times throughout the course of this year. Additionally, his other company, the much older Infinite Exploration Technologies Corporation (SpaceX) has also seen its private market value jump to $100 billion this year, after successfully demonstrating the ability to behave crewed space missions and land its first phase rocket boosters to save costs.

Elon Musk'south Time Magazine Award Follows As He Becomes Richest Person On World

Musk, who owns millions of Tesla shares and has been selling them of belatedly in lodge to meet tax obligations, was worth $265 billion co-ordinate to Forbes Magazine's latest update to its list of the world's richest people, placing him above Amazon's Bezos, who has a current net worth of $198 billion. The Tesla executive'due south latest cyberspace worth approximate is not the highest he has received, as he became the first person in man history to cantankerous $300 billion earlier this year in November.

Time Magazine, in a short interview with its Person of the Year, besides commented on Musk's Twitter account. When compared to other billionaires, he has a strong presence on the social media platform, and he often shares his views on different subjects, details about his companies and their products, and arguably his favorite bailiwick, cryptocurrency.

Responding to a question almost his Twitter posts and whether they fit well with a "brand", Musk replied:

I don't actually think almost make optimization to be frank, as is obvious from my tweets which are ofttimes self inflicted wounds or humor that I find funny or that many other people find funny.

. . . .Actually, when I said take the red pill I didn't realize it was a politically charged phrase. I was referring to The Matrix, you know, similar you know brand certain to accept reality for what information technology is. But it turns out it's also like some correct wing dogma thing or something I didn't realize at the time.

An epitome of SpaceX's make new Raptor engines on a Starship rocket. Image: Elon Musk/Twitter

He too commented on whether he believes that his Tweets take a stiff impact on share prices:

The markets move themselves all the time and so you know especially Tesla stock has seen very big changes in value from one twenty-four hour period to the next based on cipher as far as I know. So exercise statements that I make, are they materially unlike from random movements of the stock that might happen anyhow, I don't call up and then, it'south not like stock drops in half or something like that.

Musk's space visitor, SpaceX, is currently building the globe'southward largest rocket in Boca Chica, Texas, which he described equally a "technology monastery" in his interview when asked near his recent breakup. The rocket, dubbed as Starship by SpaceX, is hoping for its first orbital flight early next yr, January if Musk has its way, and it aims to stand alongside The Boeing Company'southward Space Launch Organization (SLS) for the National Aeronautics and Space Administration's (NASA) Artemis program that aims to found a presence on the Moon.

SpaceX has also won a multibillion-dollar NASA contract for landing humans on the lunar surface, through Starship'due south upper phase spacecraft. Meanwhile, the company'south Falcon 9 rockets regularly fly astronauts and cargo to the International Space Station (ISS) aslope other satellite launches. These include those for SpaceX's own Starlink satellite net constellation, which is a hefty contributor to the aerospace company'due south valuation.