Rite Aid shares plunged on Thursday after Deutsche Bank downgraded the pharmacy retail chain and cut the stock's price target ahead of the release of its quarterly results next week.
The stock market on Thursday reclaimed much of the losses it endured on Wednesday . The Dow rose 349 points to 34,707, the S&P 500 rose 63 points to 4,520, and the Nasdaq.
Musk's tweet comes after the consumer price index rose 7.9% in February from a year ago, marking the fastest increase since January 1982, when inflation hit 8.4%.
A consortium of private-equity firms including Elliott Management Corp. is in advanced talks to buy TV-ratings company Nielsen Holdings PLC for about $15 billion including debt, according to people familiar with the matter.