Elon Musk Named Time’s ‘Person of the Year’
CEO of Tesla and Space X Elon Musk attends the 2015 Vanity Fair Oscar Party hosted by Graydon Carter at Wallis Annenberg Center for the Performing Arts on February 22, 2015 in Beverly Hills, California.
Pascal Le Segretain/Getty Images

Elon Musk has been named Time magazine’s “Person of the Year” for 2021, the publication announced on Monday.

The CEO of Tesla and SpaceX has been noted as the richest person in the world.

“The Person of the Year is Elon Musk. He is reshaping life on Earth and possibly life off Earth as well,” Edward Felsenthal, Time’s Editor-In-Chief, said on the “TODAY” show Monday.

“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,” Felsenthal wrote.

In addition to his business success, Musk has been noted recently regarding his comments concerning political issues. During The Wall Street Journal’s CEO Council Summit in December, he made a controversial comment about the power of government.

“It does not make sense to take the job of capital allocation away from people who have demonstrated great skill in capital allocation, and give it to an entity that has demonstrated very poor skill in capital allocation, which is the government,”Musk said.

“Government is simply the biggest corporation, with the monopoly on violence,” he added.

As The Daily Wire previously reported, Musk also criticized President Joe Biden’s Build Back Better plan:

Musk told attendees that the Senate should not pass the massive spending plan and that the bill would add an “insane” amount to the country’s deficit.

According to the Independent, Musk maintained he was not really paying attention to negotiations in D.C., but told CEOs from around the world that he opposed the BBB plan:

“I would say can this bill, don’t pass it. That’s my recommendation,” he told an audience at The Wall Street Journal’s annual CEO Council on Monday, saying that the Tesla team wasn’t even really paying attention to the negotiations in Washington.

“If this bill happens or doesn’t happen, we don’t think about it at all really,” he said. “Honestly it might be better if the bill doesn’t pass.”

The colourful CEO said he took issue with how the $2 trillion spending package would add to the “insane” federal budget deficit, and would have the government incentivising certain business, including with up to $12,500 in incentives for electric car buyers.

Kentucky Republican Sen. Rand Paul also commented about his agreement with Musk’s view on Biden’s spending plan.

“Also, turns out Elon Musk and I might have a little more in common: we both think Biden’s trillion dollar tax-and-spend plan is awful for our economy,” Paul tweeted.

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The Daily Wire   >  Read   >  Elon Musk Named Time’s ‘Person of the Year’