April 25, 2024

Elon Musk named Person of the Year

Elon Musk named Person of the Year

Elon Musk was named Person of the Year by Time magazine, which called him “a guide to the bravest anddestructive transformations of society ”.

According to the magazine, there are few individuals who influence more "life on Earth and beyond" than Musk.

Among the notable achievements of Musk and SpaceX in thisyear – safely landing a prototype of the massive Starship Mars rocket during a test flight, securing crew access to the International Space Station from the United States via SpaceX's Crew Dragon capsule and Falcon 9 rocket, and successfully launching four civilians on a charity orbital spaceflight known as Inspiration4. 

In 2022, SpaceX plans to launch a mission toMoon, funded by Dogecoin. Musk is known as a big fan of cryptocurrency. He is always ready to support discussion about the concept of money. In his opinion, cryptocurrencies have their advantages in the monetary system, but he is not sure if they can replace fiat.

Bitcoin will not be able to become a full-fledged currency forpayments, but will remain a convenient store of value. Even the comic Dogecoin is better suited for calculations, due to a fixed emission, and low inflation, which will decrease over time and will make it possible to spend cryptocurrency.

Musk is outspoken in his commitment to cryptocurrencies, but he does not consider his tweets to be responsible for market volatility.

I don't think my tweets are influencing the movement of the markets. It's just humor that I like.

The total fortune of Elon Musk today is estimated at $ 265.4 billion.

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