Time magazine has nominated Elon Musk, the CEO of Tesla, as “Person of the Year” for 2021.

He was dubbed “a clown, genius, wizard, visionary, industrialist, performer” by Time magazine.

According to Time, Musk’s achievements range from launching SpaceX in 2002 to co-founding alternative energy company SolarCity with Tesla, the world’s most valuable automotive company.

“I admire anyone who is making a positive contribution to humanity, whether that is in entertainment or technology,” Musk said, according to NPR. “I think anyone who is doing things that are really useful for the rest of humanity, I admire them greatly.”

The journal underlines that its yearly honor is “recognition of the person who had the most influence on the events of the year, for good or for ill.” rather than a reward.

Musk, known as the founder and CEO of SpaceX, just eclipsed Amazon founder Jeff Bezos as the world’s richest person due to rising Tesla prices. His fortune is estimated to be $300 billion.

Musk holds roughly 17% of Tesla stock, which recently sold for nearly $1,000 per share on Monday, Dec. 13.

According to the publication, Musk has an army of committed fans (and investors) on social media. On Twitter, he has 66 million followers.

Tesla has become the most valuable automobile business globally, topping the $1 trillion market cap at one point this year, despite just becoming profitable in recent years.

Musk announced last month that SpaceX would try to put its futuristic bullet-shaped Stars spaceship into orbit in January 2022.

NASA has partnered with SpaceX to deliver astronauts to the Moon’s surface as early as 2025 using Starship. In addition, Musk has stated that he intends to place humans on Mars using reusable spacecraft.

“This is the man who aspires to save our planet and get us a new one to inhabit.” So Time said in its CEO profile, as the Associated Press reported.

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