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: Elon Musk to host ‘SNL’ next month — but some critics say that’s not funny

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Live from New York it’s…Elon Musk?

The controversial chief executive of Tesla Inc.
TSLA,
+1.35%

and SpaceX will host “Saturday Night Live” on May 8, the venerable sketch-comedy show announced over the weekend, with musical guest Miley Cyrus.

The surprise hosting gig is hardly the first foray into entertainment for Musk, who has made guest appearances on TV comedies such as “The Simpsons,” “Big Bang Theory, “South Park” and “Rick and Morty,” as well as a big-screen cameo in Marvel’s “Iron Man 2.”

And while letting the world’s wealthiest individual (according to Bloomberg’s Billionaires Index) host “SNL” is a first, the show has previously welcomed famous business figures such as Steve Forbes in 1996, George Steinbrenner in 1990, and Donald Trump, in 2004 and 2015.

Also see: Here’s what Elon Musk’s ‘SNL’ opening monologue might look like (as redacted by the SEC)

“Let’s find out just how live Saturday Night Live really is,” Musk tweeted Saturday, adding a smiling devil emoji — which may have raised the eyebrows of investors and regulators, in the wake of Musk’s long history of running afoul of the Securities and Exchange Commission over his off-the-cuff remarks on Twitter, as well as his apparent pot smoking on Joe Rogan’s podcast in 2018 that sent Tesla shares falling.

The “SNL” announcement also sparked a bit of an uproar on social media, where many wondered why the NBC show was giving the world richest man — who saw his wealth skyrocket during the pandemic — such a prominent platform. Aside from SEC probes, Musk has also been criticized for online bullying of critics, allegedly manipulating cryptocurrency prices, denying the severity of the coronavirus pandemic and spurning government lockdowns, while Tesla is facing multiple federal investigations into crashes of its vehicles, and whether its Autopilot feature was in use at the time of them.

Tesla reports first-quarter earnings after the bell Monday, with the electric-vehicle maker expected to post a seventh consecutive quarter of profit. Musk’s other company, SpaceX, successfully docked a Dragon capsule with the International Space Station on Saturday, ferrying a relief crew of astronauts.

Tesla shares are up just 3.4% year to date, but are more than 400% higher over the past 12 months.

NewsWatch: Why it’ll take more than easy money from the Fed to keep sparking this bull market in stocks

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