Summary
Carlos Slim’s telecom giant, América Móvil, canceled $22 billion in planned Starlink orders after Elon Musk insinuated Slim had ties to drug cartels.
The decision, made within hours of Musk’s tweet, costs Musk his main partner in 25 countries and shifts business to Chinese and European competitors, further reducing U.S. commercial influence.
Musk’s increasing political entanglements and conspiracy-laden posts are alienating key business partners and consumers, with potential ripple effects on Tesla sales.
It’s nice that Elon is getting hit where it hurts. Hopefully the EU benefits from this.
Hopefully. For all the tragedy of his presidency, Orange Menace actually brought endless opportunities for us to unite and become properly Independent.
That’s an uplifting news
Just when the new EU launcher Ariane 6 is finally fully operational. That’s convenient. https://www.reuters.com/business/aerospace-defense/europes-ariane-6-stages-first-commercial-launch-2025-03-06/
I’d be very surprised if OneWeb ever launches on Ariane 6. It is not build for cheap LEO launches at all afaik. But maybe some ride shares, who knows.
Let’s bring back being decent to people.
and shifts business to Chinese and European competitors,
Well, at least he’s not also pissing off China and Europe as well…
Oh, that’s right, everyone hates Musk
Great news
Good move from Carlos Slim.
Good.
Thanks for the business opportunity, Mr. Muskrat.
