Elon Musk Named 'Time' 's 2021 Person of the Year: 'The Richest Example of a Massive Shift'

Elon Musk.Photo: Al Drago/Bloomberg via Getty Timehas officially named its2021 Person of the Year! On Monday, the magazine announced thatElon Musk— the CEO ofTeslaandSpaceX, as well as thewealthiest man in the world— has received the annual honor. Timeeditor-in-chief and CEO Edward Felsenthal explained the decision in an editor’s letter. “Person of the Year is a marker of influence, and few individuals have had more influence than Musk on life on Earth, and potentially life off Earth too....

March 16, 2025 · 2 min · 403 words · Anthony Sutton

Elon Musk Nears Deal to Buy Twitter — and It Could Be Announced Monday: Reports

Elon Musk.Photo: Al Drago/Bloomberg via Getty Elon Muskmay be able to reach a deal with Twitter after all. Although Twitter was initially expected to turn down Musk’s offer tobuy the social media platform for over $40 billion,Reuters,The Wall Street JournalandThe New York Timesall report that a deal could be announced as early as Monday. Twitter’s board and the Tesla and SpaceX CEO, 50, continued negotiations early into Monday morning, people with knowledge of the matter told theTimes....

March 16, 2025 · 3 min · 576 words · Jonathan Hess

Elon Musk Offers His Takeaway From Johnny Depp-Amber Heard Trial: 'I Hope They Both Move On'

Photo: JIM WATSON/POOL/AFP via Getty; Christian Marquardt - Pool/Getty; EVELYN HOCKSTEIN/POOL/AFP via Getty Elon Muskis sharing his two cents on theJohnny Depp-Amber Heardtrial. On Friday, podcast host Lex Fridman offered his takeaway from thedefamation trialviaTwitter, sharing five bullet points about fame, love, lawyers, lying, and wine. Musk, 50, laterrespondedto the tweet, writing, “I hope they both move on.” “At their best, they are each incredible,” he added. Heard, 36, and Musk werefirst linked together in 2016....

March 16, 2025 · 2 min · 425 words · Shelley Huber

Elon Musk Offers to Close His Deal to Buy Twitter If Company Drops Lawsuit Against Him

Elon Musk.Photo: ANGELA WEISS/AFP via GettyMonths after trying to back out of purchasing Twitter, which spurred on a legal battle with the company,Elon Muskis offering to follow through with the deal.According to alettersent to Twitter’s legal team on Monday, the Tesla CEO agreed “to proceed” withthe April 25 transaction— worth $44 billion — if Twitter drops its lawsuit.The letter, filed with the U.S. Securities and Exchange Commission on Tuesday, also requests that Twitter provide receipts of the company’s debt financing in order to close the deal....

March 16, 2025 · 6 min · 1161 words · Michael Harrison

Elon Musk Officially Breaks Record for 'Largest Loss of Personal Fortune in History,' Says Guinness

Elon Musk.Photo: Jonathan Newton/The Washington Post via Getty Elon Muskis breaking records. But not the one he wants to be. Earlier this month,Guinness World Recordsannounced that the billionaire entrepreneur has broken a more than 20-year-old record for the largest loss of personal fortune ever. Most of the losses stem from the poor performance of Tesla’s stock, which has fallen from a peak of $320 billion in 2021 to $138 billion at the start of 2023, Guinness said....

March 16, 2025 · 2 min · 309 words · Monica Crane

Elon Musk Plans to Cut 75 Percent of Twitter's Workforce If He Takes Over the Company: Report

Elon Musk.Photo: PATRICK PLEUL/POOL/AFP/Getty Legal representatives for Musk, as well as a representative for Twitter, did not immediately respond to PEOPLE’s request for comment. Never miss a story — sign up forPEOPLE’s free daily newsletterto stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories. Twitter logo.Chesnot/Getty Images Nearly three months later, he changed his mind and announced he planned toback out of the deal, alleging that Twitter was in “breach of multiple provisions” of an original agreement....

March 16, 2025 · 2 min · 236 words · Andrea Murphy

Elon Musk Pledges $50M to Inspiration4's Fundraiser for St. Jude, Exceeding $200M Goal: 'Count Me In'

Elon Musk.Photo: Jeff Vespa/WireImageElon Muskis paying it forward.On Saturday, the SpaceX CEO, 50, helped push the Inspiration4 spaceflight mission past its fundraising goal when he said he would donate $50 million to St. Jude Children’s Research Hospital.“Count me in for $50M,” Musktweetedon Saturday after an official Twitter account for Inspiration4 said they were still looking to meet their goal.The objective of the mission was to raise $200 million for the organization....

March 16, 2025 · 8 min · 1646 words · Alan Sharp

Elon Musk Privately Said That Spreading a Paul Pelosi Attack Conspiracy Was Among His ‘Dumbest Mistakes’: Book

Elon Musk.Photo:Nathan Laine/Bloomberg via Getty Nathan Laine/Bloomberg via Getty San Francisco authorities have since releasedbody camera footageof the moments after the October 2022 attack, in which the alleged home invader can be seen inside Pelosi’s home, gripping a hammer and attacking Paul in front of law enforcement authorities. According to the initial police report, the suspect allegedly broke into the Pelosis' Bay Area homein search of then-House Speaker Nancy Pelosi, who was in Washington, D....

March 16, 2025 · 2 min · 360 words · Shawn Benson

Elon Musk Promises to Be 'Good-ish' in New 'SNL' Promo Ahead of Hosting Debut: 'I'm a Wildcard'

Elon Muskis promising to be on his best behavior — well, sort of. On Thursday,Saturday Night Livereleased a newteaser clipahead of the Tesla CEO’s hosting gig of the late-night comedy sketch series, where he promises to be “good-ish” come Saturday evening. Seen standing betweenSNLcast member Cecily Strong andMiley Cyrus, who will be performing as the musical guest, Musk, 49, jokes through a bandana face covering, “I’m a wildcard, so there’s no telling what I might do,” before Cyrus, 28, quips, “Same here!...

March 16, 2025 · 2 min · 409 words · Danny Anderson

Elon Musk Publicly Challenges Vladimir Putin to 'Fight' Over Ukraine: 'Do You Agree?'

Photo: Getty (2) BillionaireElon Muskchallenged Russian PresidentVladimir Putinto a “fight” forUkraine amid Russia’s deadly invasion of the country. The 50-year-old Tesla CEO made the challenge in a pair oftweetson Monday that used the Russian spelling of 69-year-old Putin’s name. “Stakes are [Ukraine],” he added, referencing the attacks on the country launched last month. “Do you agree to this fight?@KremlinRussia_E.” Representatives for Musk did not immediately respond to PEOPLE’s request for comment....

March 16, 2025 · 2 min · 293 words · Elizabeth Garcia

Elon Musk Pursued Grimes with Wild Autopilot Ride on Date, Book Says: 'Covered His Eyes'

Grimes first dinner date with Elon Musk involved a thrilling joyride, according to Musk’s biographer.Photo:getty (2) getty (2) During their second date in 2018, Musk, 52, took his hands off the steering wheel and covered his eyes with them, in an attempt to show off hiscar’s Autopilot featureand how fast it accelerated, Isaacson wrote. “While driving her to a restaurant, he showed how fast the car accelerated, then took his hands off the wheel, covered his eyes, and let her experience Autopilot,” Isaacsonwrote in a passage the author shared on X, formerly known as Twitter....

March 16, 2025 · 3 min · 450 words · Diana Curtis

Elon Musk Pushes Past Jeff Bezos to Become the Richest Person in the World

Elon Musk (L); Jeff Bezos.Photo: Pascal Le Segretain/Getty; John Shearer/Getty Elon Muskis officially the wealthiest person in the world. The Tesla and SpaceX CEO, 49, surpassedJeff Bezoson theBloomberg Billionaires IndexThursday, with a total net worth of $188.5 billion — $1.5 billion more than the net worth of the Amazon founder and CEO. Rounding out the top five are Microsoft mogulBill Gatesat No. 3 with $132 billion, LVMH CEOBernard Arnaultat No. 4 with $114 billion and Facebook founder and CEOMark Zuckerbergat No....

March 16, 2025 · 2 min · 239 words · Karen Atkinson

Elon Musk Reacts to Bernie Sanders' Tweet About Wealth Tax: 'I Keep Forgetting That You're Still Alive'

Bernie Sanders (left), Elon Musk.Photo: Stefani Reynolds/Bloomberg via Getty; Maja Hitij/GettyBillionaire Tesla and SpaceX founderElon Muskis lashing out at Sen. Bernie Sanders after the Vermont lawmaker took to Twitter to demand that the country’s wealthiest individuals “pay their fair share. Period.“The 50-year-old Musk, currently theworld’s richest person, wrote in response to the 80-year-old Sanders' tweet: “I keep forgetting that you’re still alive.“In a second tweet, Musk wrote to Sanders: “Want me to sell more stock, Bernie?...

March 16, 2025 · 6 min · 1093 words · Seth Hill