Elon Musk's Starlink and X assets unfrozen by Brazil supreme court after fines paid
- On Friday, Brazil's supreme court ordered funds to be transferred from Starlink and X bank accounts to pay fines imposed on Elon Musk's social media venture.
- The court ordered the unfrosting of the seized bank accounts and assets of X and Starlink, stating that there was no longer any reason to keep them.
- The use of X has been suspended in Brazil since late August.
The Brazilian Supreme Court ordered banks to transfer funds from Starlink and X accounts to pay fines imposed on Elon Musk's social network.
The Brazilian Supreme Court ruled that X had repeatedly violated Brazilian law by refusing to appoint a legal representative and removing harmful content from its platform.
The court had nearly 18.4 million Brazilian reals, or approximately $3.3 million, transferred out of the accounts. In 2022, Elon Musk acquired Twitter. SpaceX runs the satellite internet service known as Starlink.
The court ordered the release of X and Starlink's frozen bank accounts and assets, stating that there was no longer any reason to keep them.
The suspension of X, which was imposed by the court at the end of August, continues to be in effect.
X and SpaceX did not respond to requests for comment on Friday.
Earlier this month, UOL reported that some of the accounts ordered by Musk to suspend belonged to users who allegedly threatened federal police officers investigating former Brazilian President Jair Bolsonaro.
There are allegations that Bolsonaro was involved in inciting the January 8th riots in Brazil and attempting to carry out a coup.
Starlink's authorization in Brazil by Bolsonaro is a reason why Musk supports him.
Since April, Musk has been intensifying his criticism and calls for the impeachment of de Moraes, and on September 5, his longtime colleague, SpaceX COO Gwynne Shotwell, also attacked the Brazilian Supreme Court online.
Starlink is being harassed by Alexandre, and we kindly request that he cease his actions so that we can continue to serve the people of Brazil.
Supporters of de Moraes and the STF view the orders against X Corp. as a declaration of Brazilian sovereignty.
Since the 2008 financial crisis, the Twitter takeover by Musk has been the worst deal for banks.
Technology
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- Elon Musk's X will be reinstated in Brazil after settling an additional penalty.