Economy & Business - June 2022

BRAZIL: Behind the bromance: Musk meets Bolsonaro

Elon Musk, the world’s richest business leader, produced some excitement in Brazil in April and May. First came the news that he had bid US$44bn to gain control of Twitter, the global social media platform which has a significant user base in Brazil. Then in May, the man himself turned up in São Paulo for a meeting with President Jair Bolsonaro and to announce plans to use his Starlink low-elevation satellite network to connect Brazilian schools and monitor the environment in the Amazon rainforest.

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