Elon Musk Denies Drug Use Rumors, Focuses on Reputational Damage

Elon Musk has categorically denied rumors of drug use, addressing the speculation head-on via his Twitter account. He explicitly stated that the claims are false and clarified past prescription ketamine use for context. The denial comes after media reports sparked speculation about Musk’s drug usage, leading to a public attempt by the billionaire to quash the controversy. While no immediate market response has emerged, this is seen as primarily a reputational issue rather than affecting his governance or regulatory activities.