Elon Musk was named Time Person of the Year for 2021 on Monday.
In a statement, Time editor in chief and CEO Edward Felsenthal wrote that the recognition “is a marker of influence, and few individuals have had more influence than Musk on life on Earth, and potentially life off Earth too. In 2021, Musk emerged not just as the world’s richest person but also as perhaps the richest example of a massive shift in our society.”
The cover story dedicated to Musk pointed out that he is the CEO of Tesla, an electric vehicle company, and SpaceX, a space flight company.