Elon Musk named Time Person of the Year

(New York, NY) -- Elon Musk is being named Time's Person of the Year.  

In addition to being the world's richest person, Time stated Musk represented the "richest example of a massive shift in our society."  The magazine says he's the disrupter of multiple industries. First, he took the world by storm with Tesla and now he's conquering spaceflight with SpaceX.

Time explained he's the Person of the Year for creating solutions to some of the world's biggest problems, pushing the limits of technology, and driving the transformation of multiple industries.