Elon Musk has been named Time magazine's 2021 Person of the Year. Earlier this month, Musk sold 'last remaining house', selling his Silicon Valley estate for $30 million. He has sold shares worth nearly $12 billion since. Musk sold 934,091 shares after exercising options to buy $2.1billion worth of the stock on November 15. The sale was 'solely to satisfy the reporting person's tax withholding obligations related to the exercise of stock options,' the filings said.

Source: The Nation December 14, 2021 03:19 UTC