Elon Musk, in typical impulsive and reckless fashion, posted a tweet suggesting that Mexican billionaire Carlos Slim may have connections to criminal organizations.
Within five minutes, Slim terminated all business dealings with Starlink in Latin America—costing Musk $7 billion.
An hour later, Slim announced he would redirect his Starlink-related projects—worth $22 billion over the next five years—to companies in China and Europe.
Beyond the financial hit, Musk lost his key partner across 25 countries. Even more significant than the loss of territory to competitors was the broader consequence: the U.S. further weakening its commercial footprint in the region, handing ground to China.
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