Elon Musk stock pic via PAElon Musk stock pic via PA


Elon Musk named Time magazine’s Person of the Year

  • Tesla and SpaceX founder Elon Musk named Person of the Year by Time Magazine
  • Magazine also calls him a ‘clown, genius, edgelord, visionary, industrialist and showman’
  • Time also noted Musk’s sway over his social media followers

Time 8:19 am, December 14, 2021

Elon Musk has been named as Time magazine’s Person of the Year for 2021, while also calling him a ‘clown, genius, edgelord, visionary, industrialist and showman’.

The Tesla boss, who is also the founder and CEO of space exploration company SpaceX, recently became the world’s richest person with a net worth of around 300bn dollars, passing Amazon founder Jeff Bezos.

The magazine cited the breadth of Musk’s endeavours, from his founding of SpaceX in 2002, to his hand in the creation of the alternative energy company SolarCity in addition to Tesla, the most valuable car company in the world.

Time emphasised that its annual acknowledgement is not an award, but rather, ‘recognition of the person who had the most influence on the events of the year, for good or for ill’.

The magazine also noted the sway Musk holds over an army of loyal followers (and investors) on social media – 66m on Twitter – where he skewers the powerful and also regulators attempting to keep in check an executive that is far from traditional.

Though it only became profitable in recent years, Tesla is far and away the world’s most valuable car company, at one point this year crossing the one trillion dollars market capitalisation threshold.

Detroit heavyweights Ford and General Motors are worth less than 200 billion dollars combined.

Musk said last month that SpaceX will attempt to launch its futuristic, bullet-shaped Starship to orbit in January.

Nasa has contracted with SpaceX to use Starship for delivering astronauts to the lunar surface as early as 2025. Musk said he plans to use the reusable ships to eventually land people on Mars.

Time highlighted Musk’s recent admission to his Twitter followers that half his tweets were ‘made on a porcelain throne’.

In its profile of the provocative CEO, Time went on to chronicle one of those toilet tweet storms in detail before concluding: ‘This is the man who aspires to save our planet and get us a new one to inhabit.’

James Batchelor's avatar

James – or Batch as he’s known – started at Car Dealer in 2010, first as the work experience boy, eventually becoming editor in 2013. He worked for Auto Express as editor-at-large and was the face of Carbuyer’s YouTube reviews. In 2020, he went freelance and now writes for a number of national titles and contributes regularly to Car Dealer. In October 2021 he became Car Dealer's associate editor.

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