Musk Posted 303 Times on UK Race Before SpaceX’s $85.7 Billion IPO

3 articles · Updated · The Guardian · Jul 4

303 Musk posts between May 31 and June 12 focused on race and immigration, versus 114 about SpaceX as the company prepared to list on Nasdaq.
Nearly three-quarters of those 303 posts were tied to UK politics during unrest after Henry Nowak’s murder case and riots in Belfast, with Musk sometimes posting five times in 10 minutes.
At least 20 of the posts drew 10 million views, and a separate CCDH report said Musk’s amplification of Rupert Lowe and Tommy Robinson added 64 million views to their content and drew 240 calls for violence after the Belfast knife attack.
The imbalance stood out because SpaceX had reserved an unusually large retail allocation and was leaning on Musk’s popularity to raise funds; it ultimately raised $85.7 billion, above a $75 billion target.
Keir Starmer accused Musk of trying to incite division, while Guardian analysis said UK race and immigration made up 31% of Musk’s posts in the period, up from under 7% during the 2024 summer riots.

Sources

Left75%

Center25%

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SpaceX’s $2 Trillion IPO: Market Shockwaves, Musk’s Controversies, and the Future of Corporate Power

Overview

SpaceX’s initial public offering (IPO) on June 12, 2026, became the largest in history, driven by the company’s innovative projects and Elon Musk’s strong public following. Shares opened at $150, rising from the IPO price of $135, and closed the day at $161.11, pushing SpaceX’s market value above $2 trillion. This surge made Elon Musk the world’s first trillionaire. The IPO’s massive success quickly reshaped investor portfolios and set a new standard for the market, highlighting the powerful influence of both SpaceX’s technology and Musk’s leadership.

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