Elon Musk showed off a trimmer figure in a holiday social media post on Wednesday while revealing that he has been taking an anti-obesity drug to shed pounds. Why it matters: Musk's post highlighted just how mainstream weight-loss drugs like Ozempic and Wegovy have become in recent years as public figures openly admit to using them,

Skyrocketing demand for Ozempic ( NVO ), Wegovy and other weight-loss drugs has boosted business for another line of work: online scams. Several reports this year have found that high demand combined with major barriers to accessing these medications has created the perfect storm for grifters looking to take advantage of people.

Elon Musk has admitted to taking a weight-loss drug in a Christmas Day post on X, formerly Twitter, as he shared a picture of himself wearing a Santa costume. "Ozempic Santa," the Tesla and SpaceX CEO posted alongside a photo of himself in the classic red outfit and white beard.