Friends’ Intervention and Larry Ellison’s Offer
Elon Musk, the 52-year-old Tesla magnate, was reportedly urged to seek rehabilitation by concerned friends due to escalating worries about his alleged drug use.
According to a recent Wall Street Journal report, friends expressed their concerns to Musk after he was observed drinking a substance known as ‘molly water’ at Hollywood parties.
Notably, Musk was advised to embark on a rehab journey on billionaire Larry Ellison’s Hawaiian island to address the perceived issues with drug consumption.
Growing Concerns Post-Twitter Acquisition
The concerns about Musk’s well-being and its potential impact on the six companies he oversees, along with the $44 billion Twitter acquisition in October 2022, prompted friends to suggest rehab.
Ellison, the fourth richest man globally and owner of Lanaʻi island in Hawaii, offered his support during this time.
Allegations of Substance Use at Exclusive Hollywood Party
The report sheds light on an alleged incident where Musk attended a party in the Hollywood Hills, consuming a liquid form of ecstasy from a water bottle.
Musk’s security reportedly cleared the room before the consumption took place.
Concerns from associates extended beyond his drug use, with claims that there was an implicit expectation for others to partake in illegal substances in Musk’s presence.
Revelations of Musk’s Alleged Drug Use
Previous reports from the Wall Street Journal detailed allegations of Musk’s use of illegal drugs, including ecstasy and cocaine, causing distress among executives and board members of his companies.
The concern stems not only from Musk’s health but also from potential repercussions for the six businesses under his purview, including Tesla and SpaceX, with approximately $1 trillion in assets at stake.
Contradictory Claims and Musk’s Defense
In response to the allegations, Musk’s attorney, Alex Spiro, stated that Musk undergoes regular and random drug testing at SpaceX, where he has never failed a test.
Musk’s public history includes smoking marijuana on the Joe Rogan show and discussing his prescription for ketamine.
However, witnesses cited in the report claim Musk’s use of LSD, cocaine, ecstasy, and psychedelic mushrooms, often at private exclusive parties worldwide.
Concerns Extend to Business Impact
Executives and board members are reportedly worried that Musk’s alleged drug use may exacerbate his erratic behavior, potentially jeopardizing the future of his companies.
Musk’s influence is deemed critical to the value of his enterprises, posing risks to assets held by investors, numerous jobs, and significant components of the U.S. space program.
Impact on SpaceX and Federal Policies
Specifically, concerns arise regarding SpaceX, the only U.S. company approved for NASA astronaut transport.
Musk’s alleged illegal drug use could violate federal policies, placing SpaceX’s government contracts worth billions of dollars in jeopardy.
Previous instances of Musk’s behavior have led to resignations within his businesses.
History of Concerns and Consequences
Reports highlight previous instances where Musk’s actions raised concerns among executives and board members, from slurred words at SpaceX meetings to publicized marijuana smoking with Joe Rogan.
Linda Johnson Rice, a former Tesla director, allegedly decided not to seek re-election in 2019 due to concerns about Musk’s drug taking.
Ongoing Worries for Musk’s Health and Business Ventures
Concerns over Musk’s health and potential consequences for his businesses persist, with sources indicating that those close to him fear a health or business crisis.
As the allegations continue to unfold, the tech tycoon’s actions are closely monitored for their possible repercussions on the companies that play a vital role in his professional portfolio.**Share on Facebook «||» Share on Twitter «||» Share on Reddit «||» Share on LinkedIn