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OPINION: Elon Musk’s transparency about combating mental health is being used as a hit by MSM
Elon Musk’s wide-ranging interview with Don Lemon dropped on various platforms yesterday, and among one of the discussion points was the Tesla CEO’s use of ketamine to fight depression.
“You’ve admitted that you have a ketamine prescription,” Lemon, a former CNN anchor, asked Musk during the interview. “Yeah, yeah, yeah,” Musk replied.
Lemon dug into Musk’s reasoning for using the technique to fight depression. However, Musk seemed less than enthused to talk about his personal use of a doctor-prescribed medicine to fight what he called a “negative chemical state in my brain, depression, I guess.”
Feeling somewhat blindsided by the question, Musk made it clear it seemed like an invasion of personal privacy to ask about his prescriptions.
However, even though Musk was prescribed the treatment by a doctor to fight depression, mainstream media headlines have attacked the CEO for what they are describing as “drug use,” not giving any sort of context about the drugs, their effectiveness, or even the fact that they are prescribed by a doctor.
Instead, several outlets are leaving out key details, and in a culture where headlines are becoming all that people read, it seems misleading, scummy, and extremely wrong to leave out the fact that ketamine is not being used recreationally.
One headline, for example, reads:
“Elon Musk opens up about drug use, claims it helps him in running Tesla.”
The description of the article also reads:
“Elon Musk does not think drug usage will impact his companies, government contracts, or investor relations.”
Notice there is not a single mention of the fact that his “drug use” is prescribed and not recreational.
It is no secret that Musk’s viral clip of a singular puff of a joint that combined both marijuana and tobacco is still one of the highlighted points by many skeptics. In fact, the episode even caused his security clearances to be reviewed by some government agencies.
However, the lack of details in some outlets’ coverage of Musk’s ketamine use would leave the headline readers of the world to conclude that he is using drugs recreationally in an attempt to keep his daily tasks under a manageable state. In reality, Musk said he uses “a small amount once every other week, or something like that.”
Perhaps a hot take here: I think Musk talking about his mental health battle was super awesome and he showed that he combats issues with his mind every day.
With that being said, I feel like he was definitely put on the spot here and there should have been some notice that this… https://t.co/ztj9Vo5GKL
— Joey Klender (@KlenderJoey) March 18, 2024
The coverage from media outlets proves that Musk, who also said that people with depression should consider methods that are alternatives to traditional selective serotonin reuptake inhibitors (SSRI).
Medicine is obviously a case-by-case basis, but as someone who has battled both depression and anxiety for the duration of my 29 years on Earth, it is upsetting to see someone be attacked for using techniques that work for them. This is not a case of a person using recreational drugs to manage day-to-day stress. It is, in Musk’s words, “literally a prescription from a real doctor.”
Elon Musk’s Neuralink and what it means for anxiety and depression
People who have followed Tesla for basically any period of time know that the company is routinely under fire for things like recalls, car accidents, and other things.
However, attacking the company CEO over his mental health battle and the techniques used to combat a mental health condition that is very widespread is a low blow.
In America, we have come a long way in the battle against mental health ailments. Once considered a taboo topic, mental health conditions are generally accepted by society now as regular and routine issue that a lot of people deal with. According to National Institute of Mental Health, more than 50 million Americans deal with some kind of mental health issue. This is roughly one in five adults, and this only accounts for those who actually get help for their issues.
In my opinion, Musk being transparent about his mental health and his strategies to combat it was a huge win, because many people look up to him. It is perfectly okay to not be okay, even when you’re one of the most innovative minds in modern history.
I’d love to hear your thoughts on this matter. Email us at tips@teslarati.com, or you can email me directly at joey@teslarati.com. I’m also on X @KlenderJoey.
Elon Musk
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
The estimates were shared by the official Polymarket Money account on social media platform X.
Recent projections have outlined how a potential $1.75 trillion SpaceX IPO could generate historic returns for early investors. The projections suggest the offering would not only become the largest IPO in history but could also result in unprecedented windfalls for some of the company’s key investors.
The estimates were shared by the official Polymarket Money account on social media platform X.
As noted in a Polymarket Money analysis, Elon Musk invested $100 million into SpaceX in 2002 and currently owns approximately 42% of the company. At a $1.75 trillion valuation following SpaceX’s potential $1.75 trillion IPO, that stake would be worth roughly $735 billion.
Such a figure would dramatically expand Musk’s net worth. When combined with his holdings in Tesla Inc. and other ventures, a public debut at that level could position him as the world’s first trillionaire, depending on market conditions at the time of listing.
The Bloomberg Billionaires Index currently lists Elon Musk with a net worth of $666 billion, though a notable portion of this is tied to his TSLA stock. Tesla currently holds a market cap of $1.51 trillion, and Elon Musk’s currently holds about 13% to 15% of the company’s outstanding common stock.
Founders Fund, co-founded by Peter Thiel, invested $20 million in SpaceX in 2008. Polymarket Money estimates the firm owns between 1.5% and 3% of the private space company. At a $1.75 trillion valuation, that range would translate to approximately $26.25 billion to $52.5 billion in value.
That return would represent one of the most significant venture capital outcomes in modern Silicon Valley history, with a growth of 131,150% to 262,400%.
Alphabet Inc., Google’s parent company, invested $900 million into SpaceX in 2015 and is estimated to hold between 6% and 7% of the private space firm. At the projected IPO valuation, that stake could be worth between $105 billion and $122.5 billion. That’s a growth of 11,566% to 14,455%.
Other major backers highlighted in the post include Fidelity Investments, Baillie Gifford, Valor Equity Partners, Bank of America, and Andreessen Horowitz, each potentially sitting on multibillion-dollar gains.
News
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
Tesla has started its first Full Self-Driving (Supervised) road trials in Abu Dhabi under the oversight of the Integrated Transport Centre, also known as Abu Dhabi Mobility.
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
FSD (Supervised) road trials are being conducted with the support of the Smart and Autonomous Systems Council and in coordination with the Legislation Lab at the General Secretariat of the UAE Cabinet.
Dr. Abdulla Hamad AlGhfeli, Acting Director General of the Integrated Transport Centre (Abu Dhabi Mobility), highlighted the agency’s regulatory role in overseeing the FSD (Supervised) tests in a press release.
“The supervision of the Integrated Transport Centre (Abu Dhabi Mobility) over the commencement of Tesla’s advanced autonomous driving technology tests reflects its regulatory and legislative role. These tests represent a qualitative step to evaluate the technology’s performance in a real-world operating environment and to collect the necessary data to verify its readiness before any future expansion in usage.
“Through this organized framework, and in cooperation with strategic partners, we seek to achieve a balance between supporting innovation and encouraging the adoption of smart solutions on one hand and ensuring the safety of road users on the other, in line with the emirate’s direction to develop an advanced, safe, and sustainable transport system,” he said.
Tesla is putting a lot of effort into expanding the rollout of FSD (Supervised) to territories outside in the United States. During a recent interview with Giga Berlin plant manager Andre Thierig, Musk stated that Tesla is looking to secure approval for FSD (Supervised) in the Netherlands this coming March.
“Tesla has the most advanced real-world AI, and hopefully, it will be approved soon in Europe. We’re told by the authorities that March 20th, it’ll be approved in the Netherlands,’ what I was told. Hopefully, that date remains the same. But I think people in Europe are going to be pretty blown away by how good the Tesla car AI is in being able to drive,” Musk stated.
Elon Musk
SpaceX considering confidential IPO filing this March: report
The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion.
SpaceX is reportedly preparing to confidentially file for an initial public offering (IPO) as soon as March. The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion, potentially making it the largest IPO in history.
The update was initially reported by Bloomberg News, which cited information shared by people reportedly familiar with the matter.
As per the publication, a confidential filing allows a company to receive regulatory feedback before publicly releasing its financials. Bloomberg’s source, however, noted that the timing of SpaceX’s IPO is still under discussion and plans could change.
SpaceX did not immediately respond to requests for comment.
A March submission would mark the clearest step yet toward bringing Elon Musk’s private space company into public markets. People familiar with the preparations said the offering could raise as much as $50 billion. That would surpass the $29 billion debut of Saudi Aramco in 2019, currently the largest IPO on record.
Major banks including Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Bank of America Corp. are reportedly positioned for senior roles in the transaction. SpaceX is also said to be considering a dual-class structure that would allow insiders, including Musk, to retain enhanced voting control.
Satellite communications provider EchoStar Corp., which holds a stake in SpaceX, reportedly saw its shares rise following news of the potential filing.
At a valuation exceeding $1.75 trillion, SpaceX would immediately have a larger market cap than all but five of the companies traded in the S&P 500 index. That figure would place it ahead of Meta Platforms Inc. and Tesla Inc. by market capitalization, trailing only a small group of mega-cap firms such as Apple Inc. and Microsoft Corp.
The scale of the proposed valuation reflects SpaceX’s dominance in orbital launch services and its Starlink satellite network, which serves millions of users globally. The company has also outlined long-term expansion plans tied to higher Starship launch cadence, orbital infrastructure, and lunar development initiatives.
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
