Elon Musk defends his ketamine use as beneficial for investors
- In interview, Musk said ketamine helps him manage a ‘negative chemical state’
- It follows reports in US media that the tycoon’s drug use was spooking investors
Elon Musk said his ketamine prescription was beneficial for Tesla’s investors in a video interview with former CNN anchor Don Lemon posted online on Monday.
The 52-year-old tycoon said the drug helps him manage a “negative chemical state” similar to depression in the interview conducted this month that also touched on politics, content moderation on X and Tesla.
“From the standpoint of Wall Street, what matters is execution,” said Musk, who runs the automaker, the rocket company SpaceX and the social media platform X. Musk argued Tesla was worth as much as the rest of the car industry combined.
“For investors, if there’s something I’m taking, I should keep taking it.”
A Wall Street Journal investigation published in January said Musk had used drugs including LSD, cocaine, ecstasy and psychedelic mushrooms, worrying executives and board members at his companies.
The report raised concerns that illegal drug use would likely be a violation of federal policies that could jeopardise SpaceX’s government contracts.