Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Minister ‘absolutely ready’ to engage with Elon Musk despite investment summit absence

Science and technology minister denied Tesla boss had been snubbed over criticism of prime minister

Archie Mitchell
Monday 14 October 2024 12:41 BST
Comments
Peter Kyle defends Elon Musk investment summit snub

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

The minister in charge of social media and digital technology has insisted he is “absolutely ready to engage” with Elon Musk, despite not having spoken to the world’s richest man since taking office in July.

Peter Kyle denied the Tesla chief had been snubbed by the UK government ahead of its inaugural international investment summit, to which Mr Musk was not invited.

He insisted that the lack of an invite was not related to Mr Musk’s criticisms of Sir Keir Starmer over the summer, during which he posted a series of images, videos and memes on social media related to ongoing rioting in the UK.

Peter Kyle said he is ‘absolutely ready’ to engage with Elon Musk
Peter Kyle said he is ‘absolutely ready’ to engage with Elon Musk (Sky News)

Mr Musk, who also owns X, formerly Twitter, tagged Sir Keir in several tweets, writing “Why aren’t all communities protected in Britain?” and “#TwoTierKeir”.

Asked whether Mr Musk was not invited to the summit because of his criticism of the prime minister, Mr Kyle said “absolutely not”, telling Times Radio that “he doesn’t tend to do these sort of events”. And he told Times Radio: “Let me just send my very best to him on the safe landing of the booster rocket yesterday, it was a stunning achievement and I did watch slack-jawed at the staggering achievement that that represented.

"Elon Musk has never come to any of the past investment summits that have been held under the previous government, he doesn’t tend to do these sort of events, but I stand absolutely ready to engage with him, to talk about any potential global investments he’s making - I’m not aware of any at this moment in time."

He added that "we have good engagement with some of his companies".

Elon Musk accused Sir Keir Starmer of presiding over ‘two-tier policing’
Elon Musk accused Sir Keir Starmer of presiding over ‘two-tier policing’ (Tucker Carlson/X)

Meanwhile Downing Street insisted its investment summit is “not about focusing on any one specific person”.

Asked why Mr Musk had not been invited, the PM’s official spokesman said: “What you can see today is 300 of the most significant investors, people who can bring significant amounts of capital to the UK, attending this summit, which is obviously hugely significant.”

In September, The Independent revealed Mr Kyle has still not spoken to Mr Musk, despite social media, artificial intelligence, electric vehicles, space travel and the internet all being major items in the minister’s huge portfolio.

Downing Street had criticised Mr Musk this summer for tweeting that “civil war is inevitable” in the UK, with Sir Keir’s official spokesman saying that there was “no justification for comments like that”.

And the PM rejected Mr Musk’s claims of “two-tier policing” in Britain after the billionaire claimed rioters over the summer were being dealt with more harshly than those involved in other recent protests.

It comes as Sir Keir gathers global business chiefs at a summit in the City of London to drum up private sector investment in the UK.

After a turbulent first 100 days in government, Sir Keir will pitch to business leaders attending the gathering that Labour’s historic election win has given the government a “golden opportunity… to end chop and change, policy churn and sticking plasters that make it so hard for investors to assess the value of any proposition”.

He will tout the value of a steady, stable government, saying: “We have the determination, the focus on clear, long-term ends, a mission-led mindset that thinks in years, not the days or hours of the news grid, needed to unlock that potential. Do not doubt that.”

Sir Keir will plead for additional investment from business chiefs, telling them “private sector investment is the way we rebuild our country and pay our way in the world”.

He will be joined at the Guildhall in the City of London by chief executives from Blackrock, GSK and pioneering automated driving start-up Wayve.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in