Ha ha ha ha ha ha ha (gasps for breath) ha ha ha!

"Elon Musk shared a post on his social network stating that [Mexican billionaire Carlos] Slim could have ties to criminal groups, and five minutes later, ... Slim canceled all business collaborations with Starlink in Latin America, which made Musk lose 7 billion US dollars.

"An hour later, Slim announced that he would transfer his projects for the next 5 years with Starlink, an investment of 22 billion dollars, to companies in China and Europe.

"More than money, Musk lost his main partner in 25 countries...."
https://mexicodailypost.com/2025/02/24/carlos-slim-orders-to-cancel-his-collaboration-with-elon-musks-starlink/

Carlos Slim orders to cancel his collaboration with Elon Musk's Starlink

In a significant business development, Mexican billionaire Carlos Slim has decided to cancel his collaboration with Elon Musk's Starlink. The decision

Mexico Daily Post

Note: $29 billion is about 8% of Musk's net worth.

That's like the median American family losing $14,000.

@msbellows

But don’t forget, he’s haemorrhaging billions as his Tesla stock tumbles, and as X loses more. The good news for me is that, he’s up to his nipples in loans where presumably his stock in all his companies is collateral for the debt. The crossover point must be looming.

He and Trump don’t seem to be good on seeing downsides on their decisions.

And I share your happiness. It couldn’t be happening to a more deserving [expletive deleted/]

@msbellows Probably that we are too silly to understand his long-term plan, unless ...?😏

@msbellows

That's how you deal with South African apartheid fascists @EUCommission .

@msbellows 🤣🤣🤣 love the fact it was 5 minutes later. Slim was like “screw him”

@msbellows Carlos Slim reacts quickly.

He is not linked to any criminal group anymore. :D

European satellite telco provider is up > 60% today.

https://finance.yahoo.com/quote/ETL.PA/

»#Eutelsat Just Did What Apple And #Starlink Couldn’t — 5G In Space!«

https://orbitaltoday.com/2025/02/28/eutelsat-achieves-worlds-first-5g-ntn-satellite-test-in-low-earth-orbit/

If he has invested there, Mr Slim will be laughing his head off right now too.

Eutelsat Group (ETL.PA) Stock Price, News, Quote & History - Yahoo Finance

Find the latest Eutelsat Group (ETL.PA) stock quote, history, news and other vital information to help you with your stock trading and investing.

Yahoo Finance

@msbellows

A classic case of FAFO.

@msbellows fuck around and find out. I was hysterical about it.
@msbellows This must be the most expensive tweet ever.

@msbellows

Makes me think of the following:

F around, find out…

By what coincidence did this guy ever become successful?

@xs4me2 @msbellows Elon Musk’s success is a zero interest rate phenomenon.
@msbellows ……… at what point do shareholders go after Musk?
@msbellows Thank you Carlos, merci, gracias.

@msbellows

Best news I've heard all day. Bravo Carlos Slim!

@msbellows I wish I could think Carlis Slim for his service.
@msbellows does this mean that tariffs against Mexico will suddenly be 50%?
@msbellows It would be ideal to read articles nearly identical to this one every day.

@msbellows

He'll make it up in what he steals from US!

@msbellows
And Slim moves down the guillotine schedule.
@timo21
@tlariv @timo21 Exactly. We'll give him a nicer cell in the Bastille.
@msbellows Give Musk enough rope, and....
@msbellows
Ah, the excitement and delights of doing business with a company that depends on the whim of one man and his fickle opinions.
Good for him to cut the ties!
@msbellows Very visable incident, but it seems that nowadays a lot of money is moving from the US to Europe.
After Trump's own companies were virtually bankrupt, he is now destroying the American economy.
https://www.investopedia.com/why-european-stocks-beating-the-s-and-p-500-this-year-11689769
Why Are European Stocks Beating the S&P 500 This Year?

So far this year, European equities have outperformed U.S. stocks by the widest margin since 2000 amid optimism about a stabilizing economy, and the prospect of increased fiscal stimulus and an end to war in Ukraine.

Investopedia

@msbellows

Starlink is the main customer of space-x

@msbellows Oh, bashing anin't paying, Musk-itler.