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CNBC blindsided as Musk abruptly bails on live interview while SpaceX shares freefall



CNBC was left holding the bag on Friday when Elon Musk abruptly backed out of a live, heavily promoted interview moments before it was set to air, as SpaceX shares slid below the price of their first public trade.

The network had spent the morning teasing the sit-down, billed as Musk's first television interview since SpaceX went public. Anchor Scott Wapner threw to correspondent Julia Boorstin at the Allen & Co. gathering in Sun Valley, Idaho, to explain why it 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. I want to bring in Julia Boorstin, who's been in Sun Valley. Julia, do you want to explain to us exactly what happened here, as this was imminent?" said Wapner.

"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 replied, adding that the network hopes Musk will offer a new time.

Boorstin noted that SpaceX shares were trading below the level of their very first trade and well off the highs the stock reached after its record June debut. As she spoke, shares were off nearly 3% at around $148. SpaceX priced its IPO at $135 and opened at $150 on June 12 before surging in its opening sessions, then slipping back below that opening level as it was pulled into major market indexes.

She said there was plenty she had hoped to raise, including Grok 4.5, the AI model Musk's company launched Wednesday, and how SpaceX is holding down customer prices as component costs climb. That thread would have followed a CNBC interview a day earlier with OpenAI's Sam Altman about efficiency gains in his company's newest models.

Wapner called it an unfortunate development and said the network would report any update.

Mainers stunned as ‘horrific’ ICE killing ripples through community: ‘It’s just surreal’



Maine residents told CNN they were outraged on Tuesday after ICE agents fatally shot a 26-year-old father in a car.

Joan Sebastian Durán Guerrero, who was authorized to work in the United States, was shot and killed during a traffic stop in Biddeford, Maine, on Monday. Community members were upset by the fatal shooting and showed support for Guerrero and his family, said CNN correspondent Jason Carroll.

"You always knew it was a possibility here because there's been a heavy presence since January, and especially in this area in Biddeford. And when you hear about this, it's just surreal," one resident told CNN.

"This could be happening to any one of us, any one of us. He's a 26-year-old with a child. He has a legitimate reason for being here. He had social security. It's horrific," another local told CNN.

The Department of Homeland Security Office of the Inspector General will be leading the investigation into the fatal shooting, along with the FBI and Maine Attorney General's Office, Carroll reported.

"Those whom we have told about who will be heading up the investigation still have a great deal of distrust against the federal government, given all that has happened," he added. "They have a lot of questions that they're hoping will be answered in this investigation, namely, why was there the use of deadly force? That's for a second. Why were the officers not using body-worn cameras? And why was this man targeted?"

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