Elon Musk is allegedly taking illegal drugs including ecstasy and cocaine, a lifestyle choice that is concerning his executives and board members at this companies, the Wall Street Journal reports.
In recent years, some executives and board members at his companies and others close to the billionaire have become increasingly concerned that his drug use is fueling his erratic behavior.
Their concern for the tech tycoon’s health extends towards the potential consequences for his six businesses, including Tesla and SpaceX, sources told the Journal.
Musk is bound up with and essential to the value of his companies, potentially putting at risk around $1 trillion in assets held by investors, tens of thousands of jobs and big parts of the US space program.
Alex Spiro, an attorney for Musk, said that the CEO told the Journal Musk ‘regularly and randomly drug tested at SpaceX and has never failed a test.’
Musk smoked marijuana on the Joe Rogan show and has publicly discussed his prescription for the psychedelic-like ketamine
The incident in 2018 landed him in hot water with NASA demonstrating to execs how Musk’s personal choices could influence the businesses he oversees
Musk smoked marijuana on the Joe Rogan show and has publicly discussed his prescription for the psychedelic-like ketamine.
However, witnesses told the Journal that the X owner has also used LSD, cocaine, ecstasy and psychedelic mushrooms, often at private exclusive parties around the world where guests have to sign NDAs and hand in their phones to avoid photos being taken.
In 2018, for example, he took multiple tabs of acid at a party he hosted in Los Angeles, the Journal reported.
The next year he allegedly consumed magic mushrooms at an event in Mexico and in 2021 took ketamine recreationally with his brother at a house party in Miami.
The billionaire has even taken drugs with current SpaceX and former Tesla board member Steve Jurvetson, according to the Journal.
Those close to the 52-year-old are now reportedly concerned that the extent of his drug taking could cause of health crisis or a crisis for his businesses.
SpaceX is the only U.S. company now approved to transport NASA astronauts to and from the International Space Station.
However, illegal drug use would likely be a violation of federal policies that could jeopardize SpaceX’s billions of dollars in government contracts.
Musk allegedly used LSD, cocaine, ecstasy and psychedelic mushrooms, often at private exclusive parties around the world
Musk has form on making controversial statements on social media
The billionaire has even taken drugs with current SpaceX and former Tesla board member Steve Jurvetson, according to the Journal
Musk’s drug use and the volatile behavior it can exacerbate has already led to resignations at the top of Musk’s businesses, the Journal reports.
Linda Johnson Rice, a former Tesla director, allegedly became increasingly concerned with Musk’s drug taking and so frustrated with his behavior that she didn’t stand for re-election to the company’s board in 2019, people familiar with the matter told the publication.
Serious concerns over Musk’s drug taking were raised in 2017 when at a SpaceX meeting about the Big Falcon Rocket prototype Musk was slurring his words and rambled somewhat incomprehensibly for fifteen minutes, according the the Journal’s sources.
SpaceX President Gwynne Shotwell reportedly stepped in and took over the meeting.
After the meeting SpaceX executives reportedly talked privately about their concerns that Musk was on drugs.
One described told the Journal the event was ‘nonsensical,’ ‘unhinged’ and ‘cringeworthy.’
In 2018 Musk was in hot water with NASA after publically smoking marijuana with Joe Rogan.
This raised concerns among executives and board members as its showed the potential business impact Musk’s behavior could have.
Board members were again concerned that Musk may have been under the influence of drugs when he tweeted his intentions to take Tesla private in 2018.
The tweet brought on an SEC investigation and resulted in Musk’s agreement to step down as Tesla chairman for a time.