He's currently the richest person on Earth. 😲 engineering
freefall after reversing the company’s stance on Bitcoin. He said that Tesla would no longer accept the cryptocurrency as payment due to concerns about its environmental impact. In response to the news, the crypto market lost about 15% of its total value — bringing that figure to just more than $2T — in the hours after he tweeted the announcement.After a relatively quiet summer, Musk became the first space baron to send a crewed mission into space.
, a move that would make that portion of his wealth subject to income tax. More than 3.5 million users voted yes, though financial filings indicate that Musk had already decided to sell most of those shares , as he faced a massive tax bill on the gain in share options that were awarded to him in 2012 and set to expire in August 2022.
And in December, Musk capped off the roller coaster ride of a year by joining the likes of Martin Luther King, Jr., Adolf Hitler, and Barack Obama asIt wasn’t all roses, though. His ballooning wealth and political posturing brought plenty of criticism, and a number of scandals at his companies left many to wonder just how far he’s willing to go to accomplish his goals. The biggest Elon Musk story of 2021 — and of 2020 and of 2022 — was his skyrocketing wealth.
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