Elon Musk was just named as TIME’s 2021 Person of the Year.
Musk is the CEO of both Tesla and SpaceX.
He has a net worth of over $300 billion dollars.
He is rumored to be the richest man in the history of the world.
He was chosen for the impacts that he has made in society.
TIME described electronic vehicles as a market that “Musk almost single-handedly created.”
SpaceX has also been called a global commercial leader in building and flying rockets and crews into space.
However, many fans were critical of TIME’s decision.
One person wrote, “I can think of many people who deserve it more.”