WASHINGTON: Time magazine named Tesla chief and space entrepreneur Elon on Monday musk As his person of the year 2021, citing his embodiment of technological change, but also disturbing trends that are reshaping people’s lives.
Musk – the one who overthrew the founder of Amazon Jeff Bezos Makes an impact on Earth with his Tesla electric car company and our planet beyond with his SpaceX rocket – to become the world’s richest man this year.
“Musk’s rise coincides with broader trends, in which he and his fellow technology magnates are part cause and part effect,” wrote Time’s editor-in-chief, Edward Felsenthal.
Among those trends, Felsenthal listed “the continued decline of traditional institutions in favor of the individual; government dysfunction that has given business greater power and responsibility and the wealth and opportunity gap.”
Time editors define title first—the one that went to the president last year Joe Biden and vice president Kamala Harris – as going to those who “incorporated what was important about the year, for better or for worse.”
In October, the valuation of Musk’s electric car company soared above a trillion dollars, and SpaceX teamed up with the US space agency NASA to launch various missions, including a test of defending Earth from an asteroid.
The South African-born 50-year-old has seen his wealth exceed $250 billion during the pandemic, according to Forbes’ real-time billionaires list.
He’s also courted controversy with his provocative Twitter feed that can attack, mock and provoke — including a poll in November asking Twitter if he should own 10 percent of his Tesla stock. Must sell the share.
Musk has been a constant presence in American culture in recent years, boasting 66 million Twitter followers and guest-hosting Saturday Night Live, the famous late-night comedy show in May.
Musk speaks ambitiously of his interest in colonizing Mars, and plans for orbital flights next year as part of SpaceX’s plans for a US return to the Moon.
“The overall goal is to make life multi-planetary and enable humanity to become a spaceship civilization,” Musk told TIME in an interview released with the Person of the Year announcement.
“SpaceX is launching a program to take CO2 out of the atmosphere and convert it into rocket fuel. If interested please join in,” he tweeted later Monday in an announcement that was eye-catching. Was because it lacked details.
Musk has also been known to move the markets and the value of cryptocurrencies with a tweet, but for now his main terrestrial impact is with his electric vehicles.
Musk told TIME, “Our intention with Tesla has always been that we will serve as an example to the car industry, and hopefully they will also build electric cars so that we can accelerate the transition to sustainable energy.” ”
Time notes that interplanetary travel in the earlier era was a collective undertaking used by leaders to rally their nations, but increasingly involved private companies.
“For Musk, this is progress, moving away from the government the capital allocation to those who would be good managers of it,” Felsenthal wrote.
“For others, it is testament to the failures of capitalism, which is that the very wealthy, mostly white people, play by their own rules, while the vast majority of society is left behind,” he said.
Musk – the one who overthrew the founder of Amazon Jeff Bezos Makes an impact on Earth with his Tesla electric car company and our planet beyond with his SpaceX rocket – to become the world’s richest man this year.
“Musk’s rise coincides with broader trends, in which he and his fellow technology magnates are part cause and part effect,” wrote Time’s editor-in-chief, Edward Felsenthal.
Among those trends, Felsenthal listed “the continued decline of traditional institutions in favor of the individual; government dysfunction that has given business greater power and responsibility and the wealth and opportunity gap.”
Time editors define title first—the one that went to the president last year Joe Biden and vice president Kamala Harris – as going to those who “incorporated what was important about the year, for better or for worse.”
In October, the valuation of Musk’s electric car company soared above a trillion dollars, and SpaceX teamed up with the US space agency NASA to launch various missions, including a test of defending Earth from an asteroid.
The South African-born 50-year-old has seen his wealth exceed $250 billion during the pandemic, according to Forbes’ real-time billionaires list.
He’s also courted controversy with his provocative Twitter feed that can attack, mock and provoke — including a poll in November asking Twitter if he should own 10 percent of his Tesla stock. Must sell the share.
Musk has been a constant presence in American culture in recent years, boasting 66 million Twitter followers and guest-hosting Saturday Night Live, the famous late-night comedy show in May.
Musk speaks ambitiously of his interest in colonizing Mars, and plans for orbital flights next year as part of SpaceX’s plans for a US return to the Moon.
“The overall goal is to make life multi-planetary and enable humanity to become a spaceship civilization,” Musk told TIME in an interview released with the Person of the Year announcement.
“SpaceX is launching a program to take CO2 out of the atmosphere and convert it into rocket fuel. If interested please join in,” he tweeted later Monday in an announcement that was eye-catching. Was because it lacked details.
Musk has also been known to move the markets and the value of cryptocurrencies with a tweet, but for now his main terrestrial impact is with his electric vehicles.
Musk told TIME, “Our intention with Tesla has always been that we will serve as an example to the car industry, and hopefully they will also build electric cars so that we can accelerate the transition to sustainable energy.” ”
Time notes that interplanetary travel in the earlier era was a collective undertaking used by leaders to rally their nations, but increasingly involved private companies.
“For Musk, this is progress, moving away from the government the capital allocation to those who would be good managers of it,” Felsenthal wrote.
“For others, it is testament to the failures of capitalism, which is that the very wealthy, mostly white people, play by their own rules, while the vast majority of society is left behind,” he said.
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