Billionaire businessman Elon Musk has denied claims he sexually harassed a flight attendant on a private jet in 2016, calling them “wild accusations”.

It comes as Business Insider reported on Thursday Mr Musk’s SpaceX paid $250,000 (£200,000) in 2018 to settle a sexual harassment claim from an unnamed private jet attendant who accused the Tesla founder of exposing himself to her.

The article quoted an anonymous friend of the flight attendant. The friend said she had provided a statement as part of a private settlement process.