Protest Targets SpaceX IPO Over xAI Image Generation Concerns

Demonstrators organized by Safe AI Now (SAIN) gathered outside the Nasdaq and JP Morgan offices in New York ahead of SpaceX’s initial public offering on Friday. The group displayed a large shirtless image of Elon Musk featuring a shoulder tattoo shaped like a heart reading “ketamine” and another depicting a Nazi-like salute shortly after President Donald Trump’s 2025 inauguration.

77 trillion with shares opening at $135.

Musk will retain majority voting control after the offering, which could make him the world’s first trillionaire. SAIN, which describes itself as “a coalition of faith leaders, family advocates, child development experts, online safety organizations, educators, legal professionals, technologists, and concerned citizens,” said the IPO structure shifts liability from Musk to new shareholders.

A representative stated: “This IPO is a liability shift.

Elon is responsible for all of this. It's all the decisions that he's made. ” The representative added that attention to the IPO could obscure ongoing issues: “It's really easy to get distracted by the shiny IPO news.

And I think that's what they're kind of hoping will happen. U.S. Representative Alexandria Ocasio-Cortez and celebrities.

In February, Musk announced that SpaceX was acquiring xAI. Regulatory and legal actions against xAI preceded the acquisition. In January, the European Commission opened an investigation into whether xAI properly assessed and mitigated risks of nonconsensual sexual imagery.

Thirty-five state attorneys general sent an open letter demanding removal of such imagery and implementation of guardrails. In March, three girls filed a class action lawsuit alleging the technology generated nudes of them. Ashley St.