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Brazil’s Move on X Spreads Pain Across Musk’s Empire

Bloomberg’s Kurt Wagner discusses how Musk’s constellation of business interests might make him vulnerable by eroding his leverage – as was exemplified with Starlink finally agreeing to block X in Brazil following pressure on Starlink. He speaks with Ed Ludlow and Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on…

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Bloomberg’s Kurt Wagner discusses how Musk’s constellation of business interests might make him vulnerable by eroding his leverage – as was exemplified with Starlink finally agreeing to block X in Brazil following pressure on Starlink. He speaks with Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”
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27 Comments

27 Comments

  1. @SoftwareEngineer-Goggins-cq8my

    September 4, 2024 at 3:37 pm

    Brazil here 🤚😞

  2. @dwaynejones1555

    September 4, 2024 at 3:45 pm

    Also, Elon can retaliate & deny Starlink access in certain countries. Although, he’d probably get sued.

    • @1voluntaryist

      September 4, 2024 at 5:44 pm

      If Elon is threatened, attacked by governments, and WILL NOT GIVE IN, it’s called: “Resisting tyranny” or “standing on principle”. It is the nation “denying access” to StarLink.

    • @pauloziliani260

      September 5, 2024 at 1:32 am

      While Elon plays Dart Vader the stockholders are bleeding.

    • @maurolife

      September 5, 2024 at 2:25 pm

      This would be the dream of Huawei, and of the Chinese companies that are ready to take the place of the Americans.

    • @JorgeMaricato

      September 5, 2024 at 8:18 pm

      As a brasilian I also hope that he gtfo with Starlink

  3. @kaigogolin515

    September 4, 2024 at 4:42 pm

    Complaining about Brazil but complying with the Chinese! Seems money is stronger than the call for ‘Free Speech’! This ‘Free Speech’ fight is somewhat hypocritical IMHO. 🌻

    • @vooteimer1234

      September 4, 2024 at 5:08 pm

      X is in China?

    • @kaigogolin515

      September 4, 2024 at 5:17 pm

      @@vooteimer1234 Social media platforms such as X and YouTube and thousands of websites — from The New York Times to the BBC and VOA — are blocked in China by the country’s Great Firewall.
      research it!

    • @1voluntaryist

      September 4, 2024 at 5:40 pm

      Could you explain? Details please! I have ONLY seen Elon lose money to fight for free speech. ZERO hypocrisy.

    • @eduardosantos-fb9uv

      September 4, 2024 at 9:03 pm

      @@vooteimer1234 Elon Musk has a Tesla “Gigafactory” in Shanghai, and to the surprise of many, it’s in China where Tesla sells the most vehicles, more than in the USA or Europe. Now, guess what the surprise is? In China, Elon Musk DOES NOT DARE TO COMPLAIN ABOUT THE GOVERNMENT OR THE JUSTICE SYSTEM… EVEN AFTER THEY BANNED “X” FROM THE COUNTRY!!! That’s right, in China, the much-esteemed “FREEDOM OF SPEECH” is not a priority for the billionaire Elon Musk… because in that country, if he says anything against the government or the justice system, they would kick him out with his factory!!! Now do you know why there’s so much noise in Brazil? BECAUSE THOSE WHO TRIED A MILITARY COUP ARE ABOUT TO BE ARRESTED… AND IN THEIR DESPERATION, THEY ARE TRYING TO TURN THE POPULATION AGAINST THE JUDICIARY… IT’S THAT SIMPLE.

    • @ytechnology

      September 5, 2024 at 11:44 am

      @@vooteimer1234 The scenario is that Tesla continues to get favorable status in China as long as Musk does not sell Starlink in the country.

  4. @EricAllen8494

    September 4, 2024 at 4:49 pm

    Musk & his family operated a Mining Company in Apartheid South Africa… He comes from Genocide

  5. @MossMini

    September 4, 2024 at 4:54 pm

    Roaches and corrupt government do not lights to shine on them.

    Brazil is investable

  6. @ShanelleGade

    September 4, 2024 at 5:33 pm

    Thank you so much for your helpful tips. I tried them out and managed to get 5 out of 6 – a personal best! Your guidance has given me the confidence to keep working on my trading skills

  7. @mikeshaunnessey9303

    September 4, 2024 at 6:37 pm

    It’s what happens, should happen, when corporations influence politics.

  8. @tvm73827

    September 4, 2024 at 6:44 pm

    The Chinese have completely banned all Western social media companies and Musk seems to be OK with that given all the help he gets from them. But he tries to throw his weight around democratic governments like Brazil, India, US etc. Time for all of these democracies to unite and push back hard.

  9. @nukestrom5719

    September 4, 2024 at 9:44 pm

    The rule of law of a country is decided by its people and their gov, not by businessmen from outside world. Can a Chinese billionaire challenge and disobey a US supreme court decision just because he doesn’t agree?

  10. @kaigogolin515

    September 4, 2024 at 10:44 pm

    “Just compare how he acted in Turkey in comparison to how he is acting in Brazil. When the Turkish asked him to block certain accounts […] he blocks them and then he goes on Twitter and says: ‘Well the option would be to block the entire country and I’m not doing that’.”

  11. @costakonti

    September 5, 2024 at 1:12 am

    brazil is a dictaorship, why dot you mention that?

  12. @AC-yu5zz

    September 5, 2024 at 10:08 am

    Nightcrawler!!

  13. @jerry-richard4611

    September 5, 2024 at 10:28 am

    People around the world are losing their right to free speech; Bloomberg cares naught; Instead spreads inflammatory statements to weaken X; Listen to Glenn Greenwald which is explaining the real story; Shame on you;

  14. @beyondpreposterous

    September 5, 2024 at 2:18 pm

    Smug corporate media and all of you people agreeing with them in the comments are absolutely pathetic!

  15. @FabioRibeiro22

    September 5, 2024 at 3:05 pm

    Brazil teaching the world that a billionaire cannot have more power than a Senate, Supreme Court, Ministry of Defense. Musk removed accounts in Turkey at Erdogan’s request and banned accounts in India. It’s hypocrisy of him in Brazil, many countries already know how to make the move and target him.

  16. @Mrf.7213

    September 5, 2024 at 6:14 pm

    X is a superfluous social network disseminating fake news

  17. @111dcormack

    September 5, 2024 at 7:01 pm

    Bloomberg hates competition.

  18. @anatil4

    September 5, 2024 at 7:05 pm

    Musk is a psychopath being banned from Brazil It was a humiliation for him and for Digital Asylum x. He challenged the Brazilian Justice and then had to beg not to have Starlink banned too

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