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Will Starlink continue operations in Brazil by March 31, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Public announcements from Starlink or regulatory bodies in Brazil
Story
Brazil Lifts Block on Starlink and X Accounts After $3.31 Million Fine Payment to Justice de Moraes
Sep 13, 2024, 06:21 PM
Brazil's Supreme Court has lifted the blockages on the bank accounts of Elon Musk's companies, Starlink and X, after the companies paid fines totaling 18.35 million reais ($3.31 million). The fines were imposed by Justice Alexandre de Moraes for failing to remove content as ordered by the court. The funds, which included R$7.28M from X and R$11.07M from Starlink, were transferred to Brazil's national coffers, leading to the unfreezing of the accounts. The court had previously ordered the suspension of X's operations in Brazil on August 30, but this decision was reversed following the payment.
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Similar markets
Starlink continues operations • 25%
Starlink operations are suspended • 25%
Starlink leaves Brazil • 25%
Other • 25%
Continues operations without issues • 25%
Faces additional legal challenges • 25%
Suspends operations temporarily • 25%
Exits the Brazilian market • 25%
Assets remain frozen • 25%
Assets unfrozen • 25%
Partial unfreezing • 25%
Other • 25%
Yes • 50%
No • 50%
Starlink complies with the order • 25%
Starlink's license is revoked • 25%
Starlink's equipment is seized • 25%
No significant action taken • 25%