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I've watched it, many people have, and have still firmly concluded it was a purposeful action. It's debatable whether it was a true "I'm a Nazi" move or a "I'm a troll" move but the smirk on the face, the long, long history of trolling and antagonizing opponents, the previous comments from Musk that the left was calling him a Nazi, etc... all indicate that he intentionally did something provoking.

This is even more true for the latest copycats from CPAC, which show that the Fascist salute is being normalised and becoming a MAGA symbol. Think about that. Whatever Elon's original intent, the American right is now knowingly doing the fascist salute, not as satire but as a open sign of their politics and provocation to their opponents.