5 Articles
5 Articles
Did Elon Musk Bully South Africa Into Making an Exception to Its Black Business Ownership Laws By Stirring Up Tensions with the ‘White Genocide’ Rumor?
Taking advantage of tensions he helped stoke between the presidents of South Africa and the U.S., Elon Musk was granted an exception to post-apartheid Black ownership laws in his native country that will allow him to operate his Starlink service. Bloomberg reports the workaround to what the world’s richest man claimed were “openly racist ownership laws” was given to Musk’s satellite-powered internet provider in hopes of appeasing President Trump…
Pretoria Proposes Equity-Equivalent Model For Starlink Amid Black Ownership Law Dispute
The South African government is preparing to offer an equity-equivalent compliance model to Starlink, Elon Musk’s satellite internet service, in a bid to resolve regulatory obstacles stemming from Black Economic Empowerment (BEE) ownership requirements. The proposal, according to sources familiar with the matter, is intended to ease mounting tensions between South Africa, Musk and U.S. […] The post Pretoria Proposes Equity-Equivalent Model for S…
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