Elon Musk Snubbed From British Investment Summit Over Social Media Posts During UK Riots

The UK government has decided to snub Elon Musk from its International Investment Summit in October in the wake of controversial social media posts made by one of the wealthiest men on the planet during nationwide riots in the country.

The unrest began in the last week of July after the stabbing of three children in Southport, which led to widespread violence and anti-immigrant sentiments. During the nationwide riots in the UK, X platform owner Musk predicted a “civil war” in the UK and shared untrue claims about the government creating “detainment camps” for rioters, according to BBC.

His comments drew sharp criticism from British officials, including Justice Minister Heidi Alexander, who called his remarks “totally unjustifiable” and “pretty deplorable.” The summit, scheduled for October 14, is a key event for Prime Minister Keir Starmer, who aims to attract significant foreign investment to boost the UK economy.

Musk attended last year’s summit and played a prominent role in November’s AI Summit, where he engaged in discussions with then-Prime Minister Rishi Sunak. Musk’s absence from the upcoming summit reflects concerns over misinformation’s role in fueling violence, the British broadcaster said. UK media reports said the British government is considering strengthening its Online Safety Act to combat harmful content on social media platforms.

PM Starmer has emphasised the need for a “mature conversation” with tech companies about their responsibilities. Despite not being invited this year, Musk remains a key figure in global tech and investment circles. His net worth is estimated at around USD 228 billion, primarily due to his stakes in Tesla and SpaceX. Known for his blood statements and shifting political affiliations, Musk continues to be a polarising figure in both business and politics.