FILE PHOTO: Tesla CEO Elon Musk holds a mobile phone as he arrives to attend a state banquet with U.S. President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. REUTERS/Evan Vucci/File Photo
Elon Musk abruptly canceled a heavily promoted live interview with CNBC moments before it was set to air on Friday, leaving the network scrambling.
Anchor Scott Wapner and correspondent Julia Boorstin were set to conduct what was billed as Musk's first television interview since SpaceX went public.
Boorstin announced the postponement at the Allen & Co. gathering in Sun Valley, Idaho.
"Yeah, we were expecting to start an interview with Elon Musk right now at noon Eastern. We just got word that he has to postpone," Boorstin explained, adding the network hopes Musk reschedules.
The cancellation occurred as SpaceX shares declined nearly 3% to approximately $148, falling below the stock's record-breaking opening price of $150 on June 12 and its IPO price of $135.
Boorstin noted planned discussion topics included Grok 4.5, the AI model Musk's company launched Wednesday, and SpaceX's pricing strategy amid rising component costs.
Watch the video below.