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Time Person of the Year will be announced on December 13, 2021, in New York City.

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After a report that he fathered children with a woman who worked for him atTesla and who is now a top executive at his brain-implant startup, the world's wealthiest man said he intends to improve the benefits for employees at his many companies.

The kids are worth it. Musk said on Friday that he was planning to increase the benefits for his employees. The Musk Foundation will give directly to families. The details will be announced next month.

According to a report by Business Insider, Musk had a daughter with a surrogate mother around the same time he had twins with another woman. Musk is the father of a boy born in 2020. The billionaire businessman tacitly confirmed the Insider story that he was doing his best to help the underpopulation crisis.

On the company website, there is a limited amount of information about the company's current childcare benefits. According to the company's business ethics guidelines, employees are entitled to equal opportunities when they are pregnant or breastfeeding.

Musk has five children with his first wife, including five with his second wife, Justine Musk. He lost his first child to sudden infant death syndrome. Musk has funded several companies, including the Boring Co. and Neuralink, where he has a director of operations. She was a project director with the company.

Musk has been known to encourage employees at both companies to have children.

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Musk uses the social media platform to convey his thoughts.

He has become fixated on the threat of a declining birthrate, raising the issue in public appearances. He pinned a Wall Street Journal chart showing a steep decline in the U.S. fertility rate. American women now have an average of 1.5 children, less than half the number in 1960 and below thereplacement rate of 2.1 children to ensure population stability.

The past two years have been a demographic disaster.