💨 Abstract

Elon Musk, born in South Africa, accused the country of rejecting his Starlink satellite service due to his race, citing its Black Economic Empowerment Act (BEE). The BEE requires companies to acquire a 30% local shareholding by historically disadvantaged groups. Starlink, which falls under Musk's SpaceX company, argued that the requirement would deter foreign investors.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖