Elon Musk Evicted by Security from Luxury Hotel, SpaceX Buys It Two Minutes Later.

Elon Musk, the billionaire entrepreneur behind Tesla, SpaceX, and X Corp, is no stranger to making headlines with his audacious moves and polarizing persona. With a net worth of $345 billion as of early 2025, Musk has long been a figure of fascination, whether for his ambitious plans to colonize Mars or his controversial political affiliations.

However, a recent incident on May 7, 2025, has added a new chapter to his storied life: Musk was reportedly evicted by security from a luxury hotel in New York City, only for SpaceX, his aerospace company, to purchase the property just two minutes later. This dramatic turn of events, widely discussed on social media platforms like X, has sparked debates about Musk’s influence, the power of his wealth, and the ethics of such a swift acquisition. This article explores the incident, the context surrounding it, and the broader implications of Musk’s actions in a world where money and power often intersect in unexpected ways.

The incident unfolded on the evening of May 7, 2025, at the Roosevelt Hotel, a historic luxury property in New York City owned by Pakistan International Airlines (PIA). According to posts on X, Musk had been staying at the hotel while in the city for meetings related to his role as head of the Department of Government Efficiency (DOGE) under President Donald Trump’s administration. The Roosevelt Hotel, known for its opulent design and prime location, had recently been implicated in a controversy when Musk’s DOGE team uncovered that FEMA had spent $59 million to house undocumented migrants in luxury hotels, including the Roosevelt. Musk had publicly criticized the misuse of funds, alleging it violated federal law, and vowed to recoup the money for disaster relief purposes.

What happened next stunned observers: within two minutes of Musk’s eviction, SpaceX reportedly purchased the Roosevelt Hotel. The acquisition, valued at an estimated $250 million based on recent market trends for luxury properties in New York, was executed with unprecedented speed. X posts claimed that Musk, upon being escorted out of the hotel by security, immediately contacted SpaceX’s financial team and authorized the purchase, leveraging his company’s substantial resources to take control of the property. While the exact timeline and financial details remain unverified, the swiftness of the transaction has been widely attributed to Musk’s immense wealth and SpaceX’s financial agility, bolstered by its recent $350 billion valuation.

The Roosevelt Hotel, located in Midtown Manhattan, has a storied history dating back to its opening in 1924. Named after President Theodore Roosevelt, the hotel has long been a symbol of luxury, hosting celebrities, dignitaries, and business tycoons over the decades. Its grand architecture, featuring a majestic lobby with marble floors and crystal chandeliers, has made it a landmark in New York City. However, the hotel’s ownership by PIA, Pakistan’s national airline, has occasionally drawn scrutiny, particularly in recent years as PIA faced financial difficulties.

Musk’s Motivations: Revenge, Strategy, or Both?

On the other hand, the purchase could be a strategic business move. SpaceX, as a company focused on space exploration and innovation, has been expanding its terrestrial footprint in recent years. Musk’s creation of Starbase, a company town in Boca Chica, Texas, reflects his interest in building infrastructure to support his ventures. Acquiring a luxury hotel in New York could serve multiple purposes for SpaceX: it could function as a hub for business meetings, a residence for visiting executives, or even a showcase for SpaceX’s technologies, such as Starlink-powered connectivity or sustainable energy solutions. The Roosevelt Hotel’s prime location and historical significance make it a valuable asset, regardless of the circumstances surrounding its purchase.

Public Reaction: Admiration and Outrage

However, the incident has also drawn significant criticism. Many on X questioned the ethics of using corporate resources for what appears to be a personal vendetta, arguing that Musk’s actions highlight the dangers of unchecked wealth and power. One user wrote, “Musk getting evicted and then buying the hotel in two minutes just shows how billionaires can bend the world to their will. It’s not inspiring—it’s terrifying.” Critics also pointed to the broader context of Musk’s recent controversies, including his political involvement with Trump’s administration, which has alienated segments of Tesla’s customer base and contributed to a 40% drop in the company’s stock price since December 2024. The hotel acquisition, in this light, is seen as another example of Musk prioritizing personal grievances over corporate responsibility.

Broader Implications: Power, Wealth, and Accountability

From a corporate governance perspective, the rapid acquisition by SpaceX raises concerns about the use of company funds for what may have been a personal vendetta. While SpaceX is a private company, and Musk holds significant control as its largest shareholder, such a move could still face scrutiny from investors or stakeholders who question the strategic value of the purchase. The incident also highlights the blurred lines between Musk’s personal actions and his companies’ operations, a recurring theme in his career, as seen in his use of Tesla resources to support his political activities, which has drawn criticism from investors.

Critical Examination: A Staged Event or a Genuine Power Play?

However, even if the event is genuine, it underscores the real-world implications of Musk’s wealth and influence. The ability to purchase a luxury hotel in minutes, regardless of the motivation, highlights the vast disparity between billionaires and the average person, as well as the potential for such wealth to be wielded in ways that prioritize personal grievances over societal good. The lack of transparency around the transaction, combined with Musk’s silence on the matter, leaves room for speculation about his true intentions, but the incident undeniably reinforces his reputation as a figure who operates on a scale few can comprehend.

Elon Musk’s eviction by security from the Roosevelt Hotel on May 7, 2025, followed by SpaceX’s purchase of the property just two minutes later, is a striking example of the billionaire’s ability to turn a personal slight into a display of power. Whether driven by revenge, strategy, or a combination of both, the incident highlights the immense influence Musk wields through his wealth and corporate empire. While some admire his audacity, others see it as a troubling reminder of the unchecked power billionaires hold in today’s world, capable of reshaping industries, properties, and narratives at a moment’s notice.

As Musk continues to navigate his roles as a business leader, political adviser, and public figure, the Roosevelt Hotel acquisition serves as a microcosm of the broader tensions surrounding his legacy. It raises critical questions about accountability, the ethics of wealth, and the societal impact of such concentrated power. Whether the hotel becomes a SpaceX innovation hub or a symbol of Musk’s dominance, its acquisition marks yet another chapter in the extraordinary—and often controversial—life of Elon Musk, a man who continues to defy expectations and challenge the limits of what is possible.