Elon Musk to announce shock retirement from business?
- By Smith Alexander
- Washington
- Last updated on

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Sad news for Musk fans. Speculation had been rife that PayPal's founder is about to announce his retirement from business, at age 55, with immediate effect.
UPDATE 28/06/2026 : This story seems to be false. (read more)
Being a business man isn't fun anymore
“As we get older, there are phases of life that we enter into, and being a business man just isn't fun anymore,” he might have said, says a source who remained anonymous. Other reports hinted that he may branch out into other creative fields he is better at (and more interested in), though they didn't provide any details.
#ThankYouElon
For a little while on Saturday evening, #ThankYouElon was a trending hashtag on Twitter. As many fans reminisce and look back on all the unforgettable memories, some may wonder what about now made him make the decision.
“Elon Musk was unlike any other business man we’ve ever seen! #ThankYouElon”
— @universalObserver, 27 Jun 2026
“Didn't Elon Musk retire about 3 years ago?”
— @samy2love, 27 Jun 2026
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