Elon Musk is Fortune’s 2020 Business Person of the Year



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Clean power

Published on December 2, 2020 |
by Johnna Crider

December 2, 2020 through Johnna crider


Fortune Magazine named Elon Musk as his Businessman of the Year for 2020. Fortune pointed out that Elon Musk has “seemingly defied gravity this year” with his success at Tesla, which is now one of the world’s most valuable companies. SpaceX was not left out either. The article noted that Elon was able to send humans into orbit from the United States for the first time since NASA stopped doing so in 2011. What’s his secret? The article pointed out that the key to Elon’s success is his resilience.

Elon is betting on big ideas that many would be terrified of even approaching without knowing how to do it – things like cars, brain-machine interfaces, and spaceships, as the article notes – and transforms these ideas into successful businesses. If you subscribe to Fortune, you can read the full story here.

Sustainability is important for overhauling industries

What I didn’t see in the available parts of the article is the key connection between SpaceX and Tesla, which is sustainability – the sustainability of the human species, in fact. Clearly, Tesla’s goal is to accelerate our adoption of clean, sustainable energy technologies – solar power and zero-emission cars, among others. On SpaceX’s side, Elon aims to make humanity a multi-planetary species in the event that a planet is wiped out or unlivable at some point in the distant future.

In the case of SpaceX, Elon and his team of engineers created the first reusable rocket. In 2017, SpaceX made aerospace history with its first successful launch and landing of a used rocket – a Falcon 9 that took off from Cape Canaveral while sending a communications satellite into orbit. The relaunch marked the very first time an orbital rocket launched into space for the second time, and Elon spoke about it right after landing. “That means you can fly and recharge an orbital class booster, which is the most expensive part of the rocket. It’s going to be, in the end, a huge revolution in spaceflight, ”said Elon.

Not only is this revolutionary because of the cost savings – rockets are not cheap to manufacture – but it is actually recycling on a massive scale. The edge explained that SpaceX does not save the entire Falcon 9 rocket, only the first stage, which is the 14-stage core that contains the main engines and most of the fuel needed for launch.


The Colorado School of Mines cited the combination of economic and environmental benefits from SpaceX that the company has achieved through its development of the Falcon Heavy’s reusable booster system. “By applying the simple principle of sustainability of reuse, SpaceX was able to reduce the cost of launch into high orbit by more than $ 6,000 per kilogram while reducing potential environmental impact averages of> 40% compared to the Falcon system. 9! ” SpaceX was mentioned as a key motivator for the school in its development of the very first sustainability guidelines, metrics and tools to quantify the sustainability of space activities, from launch to mining and exploration.

Although it takes a lot of fuel to launch rockets, SpaceX has made a lot of progress in its quest to reduce both the cost and the environmental impact of space exploration. This focus on recycling is also something Elon Musk values ​​at Tesla. Tesla’s overall impact on sustainability is of course huge, but it gets bigger as Tesla becomes more efficient.

When you look at how successful Tesla really is despite not paying any advertising costs, and SpaceX despite all the odds, it’s clear why Elon Musk deserves such a Fortune accolade, as well as Axel’s recent other. Springer.


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Keywords: Elon Musk, Fortune, reusable rockets, Space, SpaceX, Tesla


About the Author

Johnna Crider is a Baton Rouge artist, gemstone and mineral collector, member of the International Gem Society, and a Tesla shareholder who believes in Elon Musk and Tesla. Elon Musk advised him in 2018 to “believe in good”. Tesla is one of the many good things to believe. You can find Johnna on Twitter







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