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.
He should sound like the largest shareholder of the NYT because he’s the billionaire with their leash in hand. He’s one of the better billionaire paper owners since his interests aren’t as actively focused on the US but it’d still be great if he didn’t have extensive influence to control the news.
100%, we should guillotine all the billionaires.