Elon Musk, the world's richest man, has entered the beauty industry with a new fragrance called Burnt Hair.
The scent retails for US$100 on Musk’s website, The Boring Company, and has been described as the “essence of repugnant desire”.
Musk claimed on Twitter that

Elon Musk’s new Burnt Hair fragrance sells $2 million in first 24 hours
The Tesla CEO changed his Twitter bio to 'Perfume Salesman' and claims over 20,000 bottles have sold within 24 hours
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7 fresh beauty launches to watch for this October
Read moreCosmetics Business names seven of the biggest beauty launches of the week in this new round-up
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Body Care
Sol de Janeiro’s CEO on building the brand’s next chapter: from male grooming to travel retail
Sol de Janeiro, the Brazilian Bum Bum Cream maker, has entered its next phase of growth under new CEO Jordan Saxemard. This is how he is tapping into new audiences and building on co-founder Heela Yang’s lasting legacy
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Finance
British Beauty Council’s new Impact of Beauty report outlines social and cultural value of UK beauty
The British Beauty Council’s Impact of Beauty report, produced with Oxford Economics and supported by L’Oréal, reveals how beauty is not a trivial luxury but the ‘beating heart’ of the UK high streets. Council CEO Millie Kendall explains why beauty and wellbeing are so intrinsically linked for Brits in this opinion piece
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Fragrance
Creed opens first UK boutique outside of London in a thriving Northern beauty hub
The L’Oréal-owned fragrance house has opened a 525sqft standalone store in the ‘dynamic cultural’ centre of Manchester, bringing Creed’s luxury craftsmanship to one of the UK’s biggest Northern beauty hotspots in a bid to expand its reach
Ingredients
Merit expands its presence in fragrance with second scent launch, New Wave
The minimalist beauty brand is extending its fragrance offering with New Wave L’Extrait de Parfum, which claims to break ‘the traditional rules of perfumery’ by reimagining a classic Ambre 83 structure. It follows on from the success of Merit’s first fragrance launch, Retrospect