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Brazil supreme court unfreezes assets of Elon Musk’s Starlink, X

13 September 2024
in Business
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Brazil supreme court unfreezes assets of Elon Musk’s Starlink, X
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Brazil’s supreme court ordered banks to transfer funds from Elon Musk’s Starlink and X accounts to pay fines for violating Brazilian law related to his social network. Musk’s businesses view the actions as illegal and without due process, leading to a suspension of X and ongoing tensions with the court. Musk and his COO Gwynne Shotwell have been publicly critical of the court, while supporters see the actions as asserting Brazilian sovereignty.

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