Chief Executive Officer 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.
Musk is also the founder and CEO of SpaceX, and leads brain-chip startup Neuralink and infrastructure firm The Boring Company. Tesla's market value soared to more than $1 trillion this year, making it more valuable than Ford Motor (F.N) and General Motors (GM.N) combined.
Time magazine named the teenage pop singer Olivia Rodrigo as its "Entertainer of the Year", American gymnast Simone Biles "Athlete of the Year" and vaccine scientists were named "Heroes of the Year".
Last year, U.S. President-elect Joe Biden and Vice President-elect Kamala Harris were jointly given the "Person of the Year" title. Time began this tradition in 1927. Facebook (FB.O)CEO Mark Zuckerberg and Amazon (AMZN.O)founder Jeff Bezos have also received the title in the past.
Source: www.reuters.com
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