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The Unofficial "Elon Musk trying to "Save Everyone" from Themselves (except his Step-Sister)" Thread...


Renegade7

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https://www.theguardian.com/technology/2024/jan/02/x-twitter-stock-falls-elon-musk

The social media platform X has lost 71% of its value since it was bought by Elon Musk, according to the mutual fund Fidelity.

Fidelity, which owns a stake in X Holdings, said in a disclosure obtained by Axios that it had marked down the value of its shares by 71.5% since Musk’s purchase.

Musk acquired Twitter for $44bn in October 2022 and renamed the platform X in July 2023. Fidelity’s estimate would place the value of X at about $12.5bn.

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https://www.wsj.com/business/elon-musk-illegal-drugs-e826a9e1?st=hbd9gm7ea8n2myp&reflink=desktopwebshare_permalink

 

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Elon Musk and his supporters offer several explanations for his contrarian views, unfiltered speech and provocative antics. They’re an expression of his creativity. Or the result of his mental-health challenges. Or fallout from his stress, or sleep deprivation. In recent years, some executives and board members at his companies and others close to the billionaire have developed a persistent concern that there is another component driving his behavior: his use of drugs. 

 

And they fear the Tesla and SpaceX chief executive’s drug use could have major consequences not just for his health, but also the six companies and billions in assets he oversees, according to people familiar with Musk and the companies. The world’s wealthiest person has used LSD, cocaine, ecstasy and psychedelic mushrooms, often at private parties around the world, where attendees sign nondisclosure agreements or give up their phones to enter, according to people who have witnessed his drug use and others with knowledge of it. Musk has previously smoked marijuana in public and has said he has a prescription for the psychedelic-like ketamine. 

 

In 2018, for example, he took multiple tabs of acid at a party he hosted in Los Angeles. The next year he partied on magic mushrooms at an event in Mexico. In 2021, he took ketamine recreationally with his brother, Kimbal Musk, in Miami at a house party during Art Basel. He has taken illegal drugs with current SpaceX and former Tesla board member Steve Jurvetson.

 

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I think it's more simple. Musk has mostly always been a douche and it's just been more exposed over the last several years. I wouldn't really blame drugs unless he's actually hooked on coke or some other hard substance.

 

Nothing wrong with occasional psychedelic use IMO. Ketamine definitely has legit applications in treating depression, anxiety, and PTSD. Though I'd be worried that Musk is just getting it to get high vs using it under the strict supervision of a doctor for therapeutic reasons. In that case it can certainly be problematic.

Edited by mistertim
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3 minutes ago, mistertim said:

Though I'd be worried that Musk is just getting it to get high vs using it under the strict supervision of a doctor for therapeutic reasons. In that case it can certainly be problematic.

 

He in the midst of a drug fueled midlife crisis. 🤭

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There's currently a surge in cryptocurrency and phishing scams proliferating on X (formerly Twitter)—hiding under the guise of gold and gray checkmarks intended to mark "Verified Organizations," reports have warned this week. 

 

These scams seem to mostly commandeer dormant X accounts purchased online through dark web marketplaces, according to a whitepaper released by the digital threat monitoring platform CloudSEK. But the scams have also targeted high-profile X users who claim that they had enhanced security measures in place to protect against these hacks. 

 

This suggests that X scammers are growing more sophisticated at a time when X has launched an effort to sell even more gold checks at lower prices through a basic tier announced this week.

 

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