Elvis Presley records his last single, "Wear My Ring Around Your Neck," before joining the army. Elvis had topped the charts eight times since April 1956, when "Heartbreak Hotel" hit No. 1. Drafted in 1958, Elvis enlisted in the army in March that year and served until 1960. When he joined the army, his monthly salary dropped from $100,000 to $78. Fortunately, his manager had already recorded enough material to keep Elvis singles on the charts during most of The King's army service.