Time magazine has named CEO of Tesla and SpaceX Elon Musk as Person of the Year.
Every year, the magazine picks the most influential person, persons or group of the year to recognize. While this time The 2021 TIME Person of the Year is Elon Musk.
The South African-born entrepreneur and Tesla CEO has made a series of crypto-related headlines this year.
After Tesla dropped half a billion dollars into Bitcoin in February, Musk famously u-turned on the flagship cryptocurrency after noting the damage it does to the environment. Musk has also frequently impacted the crypto markets owing to his interest in meme cryptocurrencies like Dogecoin.