Musk’s Starlink plans $113M bet to enter South African market

Musk’s Starlink plans $113M bet to enter South African market

Elon Musk Starlink plans to invest $113M in South Africa to secure an operating license, reports Business Day. The deal comes ahead of G20 summit in Johannesburg. Starlink will partner with local firms for infrastructure and services. Musk, born in South Africa, wants entry without giving up equity. Starlink now serves over 6 million users across more than 100 countries.

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