But it's been quite the year for Swift who has broken a series of records including her sell-out Eras Tour becoming the second-highest-grossing tour of all time estimated currently at $906 million.
The Eras Tour was made into a concert film which also did impressive numbers, making $92 million in its opening weekend from October 13 and the box office hit has gone on to make $200 million worldwide.
While 1989 (Taylor's Version)became the fastest-selling vinyl record, selling 580,000 copies between October 27 and November 1 alone.
As a previous Person of the Year for 2021, Musk took to Twitter/X to say "Congrats," to Swift.
However, he followed up with a warning from his personal experience of reaching this achievement as he added: "Some risk of popularity decline after this award. I speak from experience lol."
He then removed legacy verified check marks and introduced the Twitter Blue subscription service for users to pay to be verified on the platform.
Meanwhile, a number of companies including Apple, IBM, Lionsgate, Disney, Sony, Warner Bros. Discovery, and Paramount Global have paused advertising on Twitter/X after Musk backed an antisemitic tweet on which claimed Jewish communities have a “dialectical hatred” of white people and said the poster had “said the actual truth”.