Velocity connects to the Port IP Address provided within Port Properties and makes a socket connection via the specified port. If Velocity fails to establish the socket connection on that port, you will get port socket error.
Below are the steps to troubleshoot Port Socket Error:
Attempt to ping the IP address of the controller
If this is successful, move to the next step
If this fails, ensure the network connection is set between the controller and Workstation
Disable and Reenable Key Components
Disable the Port, XBox, and Controller
Reenable the Port, XBox, and Controller