His comments and reposts, shared on the eve of SpaceX’s initial public offering, echoed outrage over a knife attack on an Irish man in Belfast on Monday evening. A 30-year-old Sudanese refugee and legal resident allegedly carried out the stabbing and has been charged with attempted murder, according to authorities.
Elon Musk found the cheat code to capitalism. SpaceX’s IPO proves it.
What did Elon Musk say about the Belfast stabbings?
In his post, Musk mentioned Rupert Lowe, member of the British Parliament and founder of the anti-immigrant Restore Britain movement.
In a video clip shared by Musk, Lowe calls for the deportation of immigrants who cannot support themselves economically. Musk reshared a post from Restore Britain, declaring that the movement would “reverse the third globalization of our country.” Musk also responded “yes” to an X post from Lowe in which he declared, “Britain doesn’t have a racism problem, it has an immigration problem.”
Musk used the same single-word affirmation to respond to an X user’s post quoting Lowe’s support of “reverse mass migration” and adding the comment, “Deport the invaders. Imprison the government.” Lowe said earlier this week on X that “[m]Millions and millions of people must either go or be abandoned.”
Monday’s attack sparked riots in Belfast and elsewhere in Northern Ireland. Protesters set cars, trash cans and a city bus on fire the new York Times. They were also seen targeting the homes of immigrants Times Informed. Firefighters came to the aid of families when their homes were set on fire Tuesday night.
The victim, who was hospitalized with serious injuries, called for peace in a statement shared by his family, the new York Times Said.
mashable light speed
UK regulator Ofcom will not reprimand Ax for exposing or promoting posts inciting violence against immigrants for at least two months. Guardian.
Musk denied that social media contributed to the riots and instead blamed “killer immigrants” as the source of people’s anger.
Will Elon Musk’s Comments Affect SpaceX IPO?
When SpaceX filed for an IPO with the Securities and Exchange Commission last month, it acknowledged the possibility that Musk’s public comments could affect the company’s business.
“The actions and statements of Mr. Musk and his affiliated enterprises, whether or not they directly relate to us, could attract significant public attention and attention to us and potentially have a positive or negative impact on our business, relationships with customers and regulators, or stock price,” the SpaceX filing said.
Musk’s company xAI, which became part of SpaceX earlier this year, is also facing a class-action lawsuit filed on behalf of plaintiffs whose real photos were allegedly used to create child sexual abuse material through the AI chatbot Grok.
Before the IPO, a 40-foot-tall inflated effigy of Musk appeared in New York City’s Times Square as a reminder of those matters. The torso of the inflatable contained an unforgettable message linking SpaceX and Grok to the production of child sexual abuse material. It was put there by Safe AI Now, or SANE, a coalition of groups concerned about AI safety wired.
This tweet is currently unavailable. It may be loading or may have been removed.
SpaceX announced Thursday that it will make 555,555,555 shares available for purchase at $135 a share. The IPO is scheduled for Friday, June 12. SpaceX is on track for a valuation of $1.75 trillion.
Musk’s support of the forced removal of millions of immigrants from the United Kingdom has so far had no impact on investor appetite for SpaceX stock. Retail traders have reportedly ordered $100 billion in SpaceX stock ahead of the public offering, according to forbes.
It is expected that the IPO will make Musk the world’s first trillionaire.
<a href