Overview
- CNBC said on air that Elon Musk abruptly postponed a televised interview scheduled for noon at the Allen & Company Sun Valley gathering and the network said it hopes to reschedule.
- SpaceX shares fell about 3 percent to roughly $148 after the postponement, trading below the level of the stock’s very first public trade.
- CNBC’s Julia Boorstin said the interview would have been Musk’s first TV appearance since the IPO and the network had planned to ask about Grok 4.5 and how SpaceX is managing customer pricing as component costs rise.
- On‑air guests blamed the move for short‑term market jitters and highlighted persistent investor uncertainty about valuing SpaceX and the premium placed on Musk’s public comments.
- The episode ties back to SpaceX’s high‑profile June public debut and signals that Musk’s availability will likely continue to affect the stock’s volatility and investor attention.