Elon Musk: Person of the Year
Elon Musk, the CEO of Tesla and SpaceX, has been named Time magazine’s Person of the Year. The magazine announced that Musk, the wealthiest man in the world, as its choice Monday.
SpaceX: Revolutionizing Aerospace
SpaceX was formed by entrepreneur Elon Musk in the hopes of revolutionizing the aerospace industry and making affordable spaceflight a reality. The company entered the arena with the Falcon 1 rocket, a two-stage liquid-fueled craft designed to send small satellites into orbit.
Philanthropic Efforts of Elon Musk
Compared with some of his wealthy peers, he has been relatively quiet about his philanthropy until this year. Musk announced a $100 million prize aimed at helping to solve climate change, and he has made several other donations in 2021, including a $1 million contribution to a Texas food bank, Vox reported.
Elon Musk’s Background
Elon Musk, (born Pretoria, South Africa), South African-born American entrepreneur who cofounded the electronic-payment firm PayPal and formed SpaceX, maker of launch vehicles and spacecraft.
Elon Musk’s Impact
Tesla and SpaceX CEO Elon Musk doesn’t shy away from a crisis. He’s actively working to solve existential problems like climate change and traffic gridlock. He’s also tried to solve immediate issues like ventilator shortages to varying degrees of success.