Musk pulls plug on CNBC interview at the last moment as SpaceX shares tumble

Elon Musk abruptly canceled a heavily promoted live interview with CNBC just as it was about to air, leaving the network scrambling to explain the no-show on Friday. Raw Story reported that the interview was billed as Musk's first television appearance since SpaceX went public, and the cancellation came as SpaceX shares slid below their initial public trading price.

Raw StoryElon Musk abruptly cancels CNBC interview as SpaceX shares drop below IPO price

CNBC had spent the morning teasing the sit-down, which was set to take place at the Allen and Company gathering in Sun Valley, Idaho. Anchor Scott Wapner threw to correspondent Julia Boorstin on air to explain why the interview suddenly wasn't happening. "We've been promoting this exclusive interview that Elon Musk was expected to give to our Julia Boorstin, which is now apparently no longer happening," Wapner said, according to Raw Story.

The network's abrupt pivot highlighted the unpredictability of one of the world's most closely watched executives. Raw Story noted that CNBC was left holding the bag after Musk backed out moments before the scheduled broadcast, with shares of SpaceX freefalling below the price of their first public trade.

SpaceX's stock dip added financial weight to the media embarrassment, though details on the exact timing of the cancellation remained scarce. Raw Story confirmed that the interview had been heavily promoted by CNBC ahead of the Allen and Company event, making the last-minute pullout all the more conspicuous.