Elon Musk just shot himself in the Ass with no lube. Again. But this time, the self-inflicted wound is hemorrhaging billions of dollars and threatening the entire Starlink empire across Latin America. The man who can't stop tweeting has finally tweeted his way into a financial catastrophe so massive it makes his Twitter/X purchase look like a stroke of genius.

In what might go down as the most expensive social media post in history, Musk's casual retweet suggesting Carlos Slim—the Mexican telecommunications titan and one of the richest men on the planet—has ties to organized crime has backfired spectacularly. Slim's América Móvil has now completely severed ties with Starlink across Latin America, leaving Musk's satellite internet venture scrambling to salvage what's left of its strategy in 25 countries.
The $22 Billion Middle Finger
Let's be perfectly clear about what just happened: Carlos Slim just flipped Elon Musk the world's most expensive finger. We're talking about a $22 billion middle finger, delivered with the kind of cold, calculated precision that only billionaires can muster. That staggering sum—originally earmarked as investment in Starlink over five years—is now being redirected to companies in China and Europe instead. Is not the US pushing Tariffs on those countries now?
This isn't just money walking out the door. It's money actively working against Musk's interests. It's money that will bolster Starlink's competitors. It's money that will fund América Móvil's own telecommunications infrastructure over the next three years, creating a stronger rival to Starlink in markets where infrastructure challenges make satellite internet particularly valuable.
The sheer magnitude of this financial pivot cannot be overstated. $22 billion isn't just a number on a spreadsheet; it represents the systematic dismantling of Starlink's business model across an entire continent. And for what? A goddamn retweet. A moment of digital impulsivity that probably took less than three seconds of Musk's time has now cost him an estimated $7 billion in future revenue and his main partner in a quarter of the world's countries.
The Art of Shooting Yourself in Both Feet
What makes this clusterfuck so fascinating is how utterly avoidable it was. This wasn't some complex geopolitical chess move or the result of painstaking negotiations gone wrong. This was Elon Musk, sitting somewhere with his phone, seeing a post slandering one of his most important business partners, and hitting "retweet" without a second thought.
The cognitive dissonance is staggering. This is the same man who demands absolute loyalty from his employees, who fires people for questioning his vision, who expects the world to believe in his genius—and yet he couldn't extend the basic courtesy of not publicly amplifying criminal accusations against a crucial business ally.
Let's be real: Musk has built his entire public persona around being unfiltered and "authentic." His supporters call it refreshing. His critics call it reckless. But his shareholders? They're going to call it what it is: financial suicide. Because that's what happens when you piss off Carlos Slim, a man who controls telecommunications across Latin America with an iron grip and has the resources to make or break your business there.
The worst part? Musk probably thought he was being edgy or truth-telling or whatever bullshit justification he uses for his Twitter behavior. But in reality, he was sawing off the branch he was sitting on, alienating the one partner who could have made Starlink truly successful in markets where internet infrastructure is severely lacking.
The Ripple Effect: Global Contracts Now at Risk
The Slim fallout isn't just contained to Latin America. Like dropping a boulder in a pond, the ripples from this monumental fuck-up are spreading to other continents, potentially threatening Musk's contracts worldwide.
Let's start with India, where Starlink has been navigating complex regulatory waters to establish operations. The company finally secured approval to begin offering satellite internet services in February 2023, after a rocky start where they had to refund preorders because they jumped the gun on regulatory approval. This partnership, valued at approximately $3 billion, involves collaboration with Indian telecommunication providers—relationships that could now be in jeopardy as potential partners reassess the risk of Musk's unpredictable behavior.
In Australia, Starlink has been building a significant presence, particularly in rural areas where traditional broadband is unreliable. The Australian government has contracts with Starlink worth nearly $500 million to provide connectivity in remote regions. But government officials are already raising eyebrows at Musk's diplomatic blunder with Slim, wondering if they're next in line for a potentially damaging tweet.
The European Union has been a complicated market for Starlink, with various regulatory hurdles in different countries. Partnerships in Germany, France, and the UK alone represent about $4.5 billion in potential revenue. European telecommunications companies, always cautious about American tech giants, are now reportedly reviewing their Starlink agreements in light of the América Móvil situation.
Perhaps most concerning for Musk should be his deals in the Middle East, particularly in Saudi Arabia and the UAE, where Starlink has recently expanded. These agreements, worth an estimated $2.8 billion, involve partnerships with royal family-connected telecommunications companies. If there's one thing wealthy, powerful families in the Middle East value, it's respect—something Musk just demonstrated he's incapable of showing to his business partners.
And then there's Africa, where Starlink has been making inroads in countries like Nigeria, Kenya, and South Africa. These emerging markets represent the future growth potential for satellite internet, with contracts and partnerships valued at approximately $1.2 billion. Local telecommunications companies are already reaching out to Chinese alternatives like Huawei's satellite division, hedging their bets against Musk's volatility.
The Chinese and European Vultures Are Circling
While Musk licks his wounds, Chinese and European telecommunications companies are feasting on the carcass of his Latin American ambitions. Carlos Slim's pivot to invest in these alternative partners isn't just a passive move; it's an aggressive strategy to create competitors to Starlink.
Chinese companies like Huawei and ZTE, already dominant in telecommunications infrastructure across much of the developing world, will now have access to billions in additional investment from América Móvil. This comes at a time when China's own satellite internet constellation, GuoWang, is ramping up deployment. With Slim's backing, these Chinese alternatives could accelerate their timeline for offering competitive satellite internet services across Latin America.
European companies aren't far behind. Eutelsat and SES, two of Europe's largest satellite operators, stand to benefit enormously from América Móvil's redirected investments. These companies have been struggling to compete with Starlink's rapid deployment and technical advantages, but with Slim's billions, they might finally have the resources to close the gap.
The timing couldn't be worse for Musk. Starlink has been burning through cash, with the constellation requiring constant replenishment as satellites deorbit and ongoing launches to expand coverage. The company had been counting on partnerships like the one with América Móvil to provide the stable revenue needed to reach profitability. Now, that revenue is not only gone—it's actively funding the competition.
The Real Damage: Loss of Market Access
Beyond the immediate financial hit, the truly devastating aspect of Musk's blunder is the loss of market access. América Móvil isn't just any telecommunications company; it's the dominant provider across much of Latin America, with a network that spans countries from Mexico to Argentina. By partnering with Slim, Starlink would have gained instant access to millions of potential customers through América Móvil's existing distribution channels.
That access is now gone, and not just temporarily. The bridge has been burned so thoroughly that rebuilding it seems impossible as long as both Musk and Slim are at the helms of their respective companies. And let's be honest: Carlos Slim isn't going anywhere. The man has built an empire that has withstood economic collapses, political upheavals, and technological revolutions. He's not the one who's going to blink first in this standoff.
What Musk has failed to understand—or perhaps simply doesn't care about—is that business in Latin America is deeply personal. Relationships matter. Trust matters. And public respect absolutely matters. By amplifying accusations against Slim, Musk didn't just insult a business partner; he violated the fundamental social contract that governs business across the region.
The damage extends beyond Slim himself. Other potential partners throughout Latin America will now think twice before entering into agreements with Musk's companies. Why risk building a relationship with someone who might casually destroy your reputation with a single retweet? The reputational contagion could spread to Musk's other ventures as well, potentially affecting Tesla's expansion plans in the region or SpaceX's launch agreements.
The Self-Destructive Genius: Musk's Pattern of Sabotage
This isn't an isolated incident. It's part of a disturbing pattern where Musk's uncontrolled impulses repeatedly sabotage his own business interests. Remember when he called a rescue diver a "pedo guy" during the Thai cave rescue? Or when he smoked weed on Joe Rogan's podcast, sending Tesla stock plummeting? Or his disastrous "funding secured" tweet that resulted in SEC fines and restrictions?
Each of these incidents has cost Musk and his companies dearly, yet he seems incapable of learning the most basic lesson: actions have consequences, especially when you're one of the most watched people on the planet. There's a profound disconnect between Musk the business visionary—who can see technological futures others can't imagine—and Musk the person, who can't seem to see the obvious fallout from his juvenile behavior.
This self-destructive streak is all the more baffling because it undermines the very missions Musk claims to care about. If bringing internet to underserved populations is truly a goal, then alienating Carlos Slim—whose cooperation could have accelerated that mission across Latin America—is directly contradictory to that aim.
The question shareholders should be asking isn't whether Musk is a genius. It's whether his genius is worth the constant self-sabotage. How many billions need to be wiped out before the boards of his companies decide enough is enough? How many partnerships need to be destroyed? How many opportunities squandered?
América Móvil's Masterful Countermove
While Musk flails, it's worth noting just how brilliantly América Móvil has played this situation. Rather than engaging in a public Twitter spat (a battle no one wins against Musk's loyal army of followers), Slim and his company executed a clinical, devastating business response.
The announcement that América Móvil will invest the $22 billion in its own infrastructure is particularly cunning. This isn't just about punishing Starlink; it's about strengthening América Móvil's position in exactly the markets Starlink was targeting. Every dollar of that investment will make Starlink's potential entry into those markets more difficult and less profitable.
Slim understands something Musk apparently doesn't: in business, silence often precedes the most lethal moves. While Musk was typing away on Twitter, Slim was likely orchestrating the systematic dismantling of Starlink's Latin American strategy, making calls to Chinese and European alternatives, and preparing to announce a massive investment that would make headlines worldwide.
It's a masterclass in old-school business retaliation. No dramatic tweets. No public accusations. Just the cold, ruthless reallocation of billions of dollars in a way designed to inflict maximum damage on the party that caused offense.
The Shareholders' Nightmare
If you're a Starlink investor right now, you're probably experiencing heart palpitations. Musk's companies have always been high-risk, high-reward propositions, but this adds an entirely new dimension of risk: Musk himself.
SpaceX, Starlink's parent company, has been one of the most successful private space ventures in history, with a valuation exceeding $150 billion. But a significant portion of that valuation is tied to Starlink's projected future earnings. With the Latin American market now effectively closed off and other global partnerships at risk, those projections will need serious revision.
The timing is particularly unfortunate as SpaceX has reportedly been preparing for a potential IPO of Starlink. How do you take a company public when its figurehead just alienated an entire continent's worth of potential customers? How do you value a business whose future revenues could be torpedoed at any moment by its founder's Twitter fingers?
The irony is palpable. Musk, who has criticized "woke" corporate culture and advocated for unfiltered expression, is now experiencing the very real business consequences of unfettered speech. Freedom of expression doesn't mean freedom from consequences, especially when you're the public face of multiple billion-dollar enterprises.
Can Starlink Recover?
The brutal reality is that Starlink's path to recovery in Latin America is extremely limited. With América Móvil actively working against them and investing billions to strengthen its own position, Starlink faces an uphill battle that makes their previous regulatory challenges look trivial by comparison.
The most likely scenario involves Starlink attempting to forge partnerships with smaller, regional telecommunications providers—the ones not directly under Slim's control. But these companies lack the scale, infrastructure, and customer base of América Móvil, making them far less valuable as partners.
Alternatively, Starlink could attempt to go it alone, selling directly to consumers without local partnerships. This approach has worked in markets like the United States, but Latin America presents unique challenges in terms of logistics, payment processing, and customer service that make this strategy particularly difficult.
A third option—and perhaps the most likely given Musk's personality—is to double down and engage in price warfare, offering Starlink services at aggressively low prices to try to penetrate the market despite América Móvil's opposition. This might gain some traction but would further delay profitability for a service that's already burning through cash at an alarming rate.
The sobering truth is that none of these alternatives comes close to replacing what Starlink has lost: a partnership with the dominant telecommunications provider in the region, backed by one of the world's richest men. That opportunity is gone, and with it, the most straightforward path to success in Latin America.
The Lesson Musk Refuses to Learn
If there's a silver lining to this debacle, it's the crystal-clear lesson it provides: in the interconnected world of global business, personal behavior matters. Words matter. Relationships matter. Trust matters.
But this is a lesson Musk seems constitutionally incapable of learning. His response to previous self-inflicted crises suggests he's more likely to double down than reflect on his mistakes. We can already anticipate the tweets dismissing the importance of the Latin American market or claiming Starlink is better off without América Móvil's partnership.
What Musk fails to grasp is that his companies have reached a scale where they can no longer succeed on technological brilliance alone. They require complex webs of partnerships, regulatory approvals, and cultural acceptance across diverse global markets. These aren't things you can launch on a rocket or manufacture in a factory. They're built through consistent, trustworthy behavior and careful relationship management—precisely the skills Musk seems to disdain.
The Ultimate Price of Impulsivity
As the dust settles on this spectacular business disaster, the final tally extends far beyond the estimated $7 billion in lost revenue or the $22 billion in redirected investment. The real cost is in opportunity—the millions of Latin American consumers who might have benefited from improved internet connectivity, the technological integration that could have advanced digital inclusion across the region, and the potential for Starlink to truly become a global internet provider.
All of that potential has been compromised, not by market forces or technological limitations or regulatory hurdles, but by Elon Musk's inability to refrain from sharing a damaging post about someone he needed as an ally.
When historians of business write about this era, they'll likely point to Musk as a case study in contradiction: a visionary who could see decades into the technological future but couldn't anticipate the obvious consequences of his actions in the present. A genius who could design rockets that land themselves but couldn't manage his own basic impulse control. A businessman who disrupted multiple industries but couldn't maintain the fundamental relationships needed to succeed in them.
The América Móvil partnership collapse isn't just a setback for Starlink; it's a stark reminder of the fragility of even the most promising business ventures when placed in the hands of someone who refuses to acknowledge that his words have consequences. For all his talk about saving humanity through technology, Musk may ultimately be remembered as much for the opportunities he squandered as for the innovations he created.
And all because he couldn't resist a retweet.
Citations
Alegre, JP March 2025 “Did Carlos Slim Just Tell Elon Musk to F Off?” The Deep Dive
Verza, M. February 2025 “What Mexico’s richest man thinks Trump should do in his second term” AP.