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Elon Musk emerges Time Magazine’s Person of the Year 2021

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Elon Musk

The founder and CEO of SpaceX and Tesla CEO, Elon Musk has been named Time Magazine’s Person of the Year 2021 on Monday, December 13, Top Naija reports.

 

Musk, 50, made history this year after his space company, SpaceX completed the first all-civilian crew mission into space. He also displaced Jeff Bezos as the world’s richest man.

‘The richest man in the world does not own a house and has recently been selling off his fortune. He tosses satellites into orbit and harnesses the sun; he drives a car he created that uses no gas and barely needs a driver,’ Time wrote.

Elon Musk
‘With a flick of his finger, the stock market soars or swoons. An army of devotees hangs on his every utterance. He dreams of Mars as he bestrides Earth, square-jawed and indomitable. Lately, Elon Musk also likes to live-tweet his poops.’

Musk had a net worth of $265.4billion as of Monday. He edged out fellow billionaire Amazon founder Jeff Bezos, whose aerospace company Blue Origin lost a lawsuit against Nasa over a $2.9billion lunar lander contract awarded to SpaceX.
Musk was born to a Canadian mother and South African father, and raised in Pretoria, South Africa. He briefly attended the University of Pretoria before moving to Canada at age 17 to avoid conscription. He was enrolled at Queen’s University and later transferred to the University of Pennsylvania two years later, where he received a bachelor’s degree in economics and physics, then moved to California in 1995 to attend Stanford University but decided instead to pursue a business career, co-founding the web software company Zip2 with his brother Kimbal. The startup was acquired by Compaq for $307 million in 1999. The same year, Musk co-founded online bank X.com, which merged with Confinity in 2000 to form PayPal. The company was bought by eBay in 2002 for $1.5 billion.

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