Elon Musk, CEO of Tesla and SpaceX, is named Time magazine's Person of the Year
"Person of the Year is a marker of influence, and few individuals have had more influence than Musk on life on Earth, and potentially life off Earth too," Time editor-in-chief Edward Felsenthal wrote."In 2021, Musk emerged not just as the world's richest person but also as perhaps the richest example of a massive shift in our society.
— TIME December 13, 2021 Time was able to add new categories because the company is no longer part of a larger magazine conglomerate with competing titles that deeply covered sports and entertainment, Felsenthal previously told CNN Business. In 2018, Salesforce CEO Marc Benioff and his wife Lynne Benioff bought Time from Meredith Corp., which formerly owned other Time Inc. titles such as Sports Illustrated and Entertainment Weekly.
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