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Home / World

Davos organisers: Musk wasn’t invited to Forum despite what he says

AP
17 Jan, 2023 10:02 PM3 mins to read

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PM Jacinda Ardern acknowledged that social media platforms can do ‘a huge amount of harm’ if misused, and hopes that new owner Elon Musk will stick to his ‘principal of transparency'. Video / NZ Herald

The World Economic Forum says billionaire Elon Musk wasn’t on the guest list for the annual meeting of business executives, global leaders and cultural trend-setters in Davos, Switzerland — despite what the Twitter owner claims.

Notables, from European Union chief Ursula von der Leyen to actor Idris Elba, are gathering in the ritzy alpine town this week to talk about global issues ranging from war to climate change and technology’s effects on security.

Musk wasn’t there, though he says he was invited. Forum spokesman Yann Zopf knocked that down Tuesday, saying the last time the Tesla CEO got an invitation was “not this year and not recently — last time in 2015”.

Musk said in a tweet on December 22: “My reason for declining the Davos invitation was not because I thought they were engaged in diabolical scheming, but because it sounded boring af lol”.

He didn’t specify when he got the invitation, but the tweet’s timing suggested it was for this year. Musk did not immediately respond to requests from the Associated Press for comment on Tuesday.

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Organisers did extend invitations to Musk, as the boss of Tesla, to join a few times in the early 2010s, but he never registered or attended the annual meeting, Zopf said.

The gathering has been criticised for a lack of concrete action that emerges after a series of sessions and speeches, while the forum itself has been the target of online conspiracy theories from those who believe the meeting involves a group of elites manipulating global events for their own benefit.

Multi-billionaire Musk, one of the world’s richest people, can certainly afford to attend Davos.

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Forum members pay between 120,000 to 850,000 Swiss francs ($200,000 to $1.4m) for annual memberships, depending on the level of affiliation they want.

Many executives trek to Davos to ride the coat-tails of the meeting and hobnob with corporate executives who flock to town, at times taking pot-shots at the forum from the sidelines. For example, Richard Branson, the British tycoon behind Virgin, has reputedly come to town several times without attending the meeting itself.

Musk might be a bit busy to be palling around with the powerful in snowy Switzerland anyway.

While still grappling with the fallout from buying Twitter last year for $44 billion, Musk is facing trial over his tweet about taking Tesla private in 2018.

Jury selection begins this week, and he’ll have to explain his actions under oath in court in San Francisco after tweeting that he had lined up the financing to pay for a $72 billion buyout of the electric carmaker, which never happened. It culminated in a $40 million settlement with US securities regulators that also required him to step down as the company’s chairman.

He’s also planning to step down as CEO but remain the owner of Twitter, which he succeeded in taking private last summer, though he has alienated some users and advertisers with chaotic job cuts and changes to content moderation policies.

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