{"id":54601,"date":"2021-12-13T18:17:49","date_gmt":"2021-12-13T16:17:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=54601"},"modified":"2025-09-03T21:15:10","modified_gmt":"2025-09-03T18:15:10","slug":"time-names-elon-musk-person-of-the-year","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/time-names-elon-musk-person-of-the-year\/","title":{"rendered":"TIME names Elon Musk &#8216;Person of the Year&#8217;"},"content":{"rendered":"<p>Elon Musk has been named TIME&#8217;s Person of the Year. The publication noted the influence of the founder of Tesla and SpaceX on life on Earth and, possibly, beyond.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Elon Musk (<a href=\\\"https:\/\/twitter.com\/elonmusk?ref_src=twsrc%5Etfw\\\">@elonmusk<\/a>) is TIME\u2019s 2021 Person of the Year <a href=\\\"https:\/\/twitter.com\/hashtag\/TIMEPOY?src=hash&#038;ref_src=twsrc%5Etfw\\\">#TIMEPOY<\/a> <a href=\\\"https:\/\/t.co\/8Y5BhIldNs\\\">https:\/\/t.co\/8Y5BhIldNs<\/a> <a href=\\\"https:\/\/t.co\/B6h6rndjIh\\\">pic.twitter.com\/B6h6rndjIh<\/a><\/p>\n<p>\u2014 TIME (@TIME) <a href=\\\"https:\/\/twitter.com\/TIME\/status\/1470372755384291331?ref_src=twsrc%5Etfw\\\">December 13, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cHe is the person who aims to save our planet and help us populate a new one: a joker, a genius, a provocateur, a visionary, an industrialist, a showman, a rogue, a mad hybrid of Edison, Barnum, Carnegie and Doctor Manhattan from The Watchmen,\u201d TIME said.<\/p>\n<\/blockquote>\n<p>By the end of October Musk, with a net worth of $252 billion, became the richest billionaire in history according to Forbes. At the time of writing the figure stood at <a href=\\\"https:\/\/www.forbes.com\/real-time-billionaires\/#317f02343d78\\\">\u0441\u043e\u0441\u0442\u0430\u0432\u043b\u044f\u0435\u0442<\/a> $265.4 billion.<\/p>\n<p><script async=\\\"\\\" src=\\\"https:\/\/telegram.org\/js\/telegram-widget.js?15\\\" data-telegram-post=\\\"forklog\/22141\\\" data-width=\\\"100%\\\"><\/script><\/p>\n<p>Musk is also known as a supporter of cryptocurrencies. In a TIME interview the entrepreneur described them as \u201cinteresting\u201d and said he was prepared to support discussions on the concept of money as the \u201cinformational system for allocating resources\u201d.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>\u201cI\u2019m not a big opponent of fiat. But cryptocurrencies have advantages, since any government tends toward issuance, whatever it may be. I played an important role in creating PayPal. There are a few people who understand the monetary system better than I do,\u201d he said.<\/em><\/p>\n<\/blockquote>\n<p>On February 8, 2021, Tesla disclosed<a href=\"https:\/\/forklog.com\/en\/news\/elon-musks-tesla-invested-1-5-billion-in-bitcoin-the-assets-price-rose-to-44800\"> investments in Bitcoin<\/a> totaling $1.5 billion. Musk <a href=\"https:\/\/forklog.com\/en\/news\/elon-musk-calls-teslas-bitcoin-investment-quite-risky\">called the move \u201cquite risky\u201d<\/a>.<\/p>\n<p>By late March the automaker <a href=\"https:\/\/forklog.com\/en\/news\/elon-musk-says-tesla-has-begun-selling-electric-cars-for-bitcoin\">began selling electric cars for Bitcoin<\/a>, and by late April <a href=\"https:\/\/forklog.com\/en\/news\/tesla-sold-part-of-its-bitcoin-holdings-for-272-million\">offloaded part of its digital gold for $272 million<\/a>.<\/p>\n<p>On May 13, the company <a href=\"https:\/\/forklog.com\/en\/news\/tesla-halts-bitcoin-car-sales-and-roils-the-market\">halted sales of electric vehicles for the first cryptocurrency<\/a> amid concerns about the environmental sustainability of mining. Later, Tesla, in its SEC filing <a href=\"https:\/\/forklog.com\/en\/news\/tesla-hints-at-resuming-cryptocurrency-payments\">hinted at resuming<\/a> such a practice.<\/p>\n<p>In July, Musk spoke about SpaceX&#8217;s <a href=\"https:\/\/forklog.com\/en\/news\/elon-musk-reveals-spacex-investment-in-bitcoin\">investment in Bitcoin<\/a>. He also disclosed that he personally owns Ethereum and Dogecoin.<\/p>\n<p>In the same month the entrepreneur <a href=\"https:\/\/forklog.com\/en\/news\/elon-musk-criticises-bitcoin-and-ethereum-for-inefficient-transactions\">criticized<\/a> the first and second cryptocurrencies for their inefficient transactions. In September, <a href=\"https:\/\/forklog.com\/en\/news\/elon-musk-praises-dogecoin-client-developers-for-progress\">he noted the progress<\/a> achieved by Dogecoin client developers in preparing the groundwork for future reductions in network fees.<\/p>\n<p>In August, the head of Tesla <a href=\"https:\/\/forklog.com\/en\/news\/elon-musk-joins-criticism-of-the-expanded-us-cryptocurrency-tax-plan\">joined the criticism<\/a> of the plan for expanded cryptocurrency taxation in the United States. <a href=\"https:\/\/forklog.com\/en\/news\/elon-musk-urges-us-authorities-to-refrain-from-regulating-the-crypto-industry\">Musk urged the U.S. government<\/a> to refrain from regulating the crypto industry.<\/p>\n<p>As reported in September, TIME released <a href=\"https:\/\/forklog.com\/en\/news\/time-magazine-sells-a-new-collection-of-4676-nfts\">a collection of 4676 <\/a><span data-descr=\\\"non-fungible tokens\\\" class=\\\"old_tooltip\\\"><a href=\"https:\/\/forklog.com\/en\/news\/time-magazine-sells-a-new-collection-of-4676-nfts\">NFT<\/a><\/span>, granting \u201cunlimited access\u201d to his site until 2023.<\/p>\n<p>Earlier the magazine sold<a href=\"https:\/\/forklog.com\/en\/news\/time-magazine-sells-three-nft-covers-for-241-eth\"> in the form of non-fungible tokens<\/a> three covers and began<a href=\"https:\/\/forklog.com\/en\/news\/time-begins-accepting-cryptocurrency-for-subscription-payments\"> accepting cryptocurrency<\/a> as payment for subscriptions.<\/p>\n<p>Follow ForkLog news on <a href=\\\"https:\/\/twitter.com\/ForkLog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk has been named TIME&#8217;s Person of the Year. The publication noted the influence of the founder of Tesla and SpaceX on life on Earth and, perhaps, beyond.<\/p>\n","protected":false},"author":1,"featured_media":54602,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1217,1610],"class_list":["post-54601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-elon-musk","tag-time"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/54601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=54601"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/54601\/revisions"}],"predecessor-version":[{"id":54603,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/54601\/revisions\/54603"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/54602"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=54601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=54601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=54601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}