It has been quite the year for Musk, who became the richest person in the world, partly due to Tesla’s (TSLA) rise in stock price.
And with his space venture SpaceX, he launched the first-ever mission to Earth’s orbit with tourists and no professional astronauts.
He also inked a deal with NASA to land the first humans on the moon in nearly 50 years.
This Time tradition began with the “Man of the Year” in 1927. It has since changed to not only recognise an individual but also a means to consider a group, movement, or idea’s impact that was influential in the past year,
Last year, President Joe Biden and Vice President Kamala Harris were picked together as Person of the Year.