IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL5.19▼ 0.16% USD/MXN17.02▼ 0.10% USD/CLP930.58— 0.00% USD/COP3,200▲ 1.19% USD/PEN3.36▲ 0.40% USD/ARS1,512▼ 0.03% USD/UYU40.27▲ 1.47% USD/PYG5,900▲ 1.27% USD/BOB11.78▲ 3.30% USD/DOP58.75▲ 1.21% USD/CRC446.65▲ 0.97% USD/GTQ7.62▲ 2.20% USD/HNL26.84▲ 0.40% USD/NIO36.62— 0.00% USD/VES793.00▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 0.84% EUR/BRL6.01▲ 0.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Monday, August 31, 2026

Brazil Drops Criminal Probe Against Elon Musk Over X

By · March 11, 2026 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

This is part of The Rio Times’ daily coverage of Brazilian politics and Latin American financial news.

Key Points
Supreme Court Justice Alexandre de Moraes archived the two-year-old criminal inquiry against Elon Musk on Tuesday, following a formal request from Brazil’s Attorney General who concluded the investigation found no evidence of deliberate obstruction of justice.
The probe had investigated whether Musk’s platform X was used as a tool for “digital militias” linked to ex-President Bolsonaro to circumvent court-ordered account suspensions, attack democratic institutions, and spread disinformation.
The closure marks the end of a confrontation that led to the suspension of X across Brazil for roughly a month in 2024, but comes as Lula seeks to stabilize relations with the U.S. ahead of a planned visit to Washington.

Two Years, No Charges

Brazil’s Supreme Court formally closed its criminal investigation into Elon Musk on Tuesday, ending a two-year probe that had made the billionaire a central figure in the country’s battles over free speech, judicial authority, and digital platform regulation. Justice Alexandre de Moraes — the same judge who opened the inquiry in April 2024 — archived the case after Attorney General Paulo Gonet concluded that federal police had not produced sufficient evidence to sustain charges of obstruction of justice, criminal organization, or incitement to crime.

Gonet’s assessment was blunt: the investigation revealed “operational failures” by X in complying with court orders to block certain accounts, but found no evidence that the platform’s representatives deliberately instrumentalized the network to undermine the Brazilian judiciary. Instances where suspended accounts briefly regained access to their content were classified as technical glitches inherent to managing a global-scale network, not fraudulent intent. Moraes accepted the finding, noting that under Brazil’s accusatorial system, the decision to file or drop charges belongs exclusively to the public prosecutor and is “irretractable, except upon the emergence of new evidence.”

How the Standoff Began

The inquiry grew out of one of the most unusual confrontations between a sovereign government and a tech platform. In early 2024, Moraes had ordered the suspension of dozens of accounts linked to allies of ex-President Jair Bolsonaro, accusing them of operating as “digital militias” that spread disinformation, coordinated attacks on democratic institutions, and attempted to influence elections. Musk publicly challenged the orders, accused Moraes of censorship, and threatened to reactivate blocked accounts — prompting the justice to open a formal criminal investigation.

Brazil Drops Criminal Probe Against Elon Musk Over X. (Photo Internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

The conflict escalated through mid-2024. Moraes imposed daily fines on X, froze the company’s Brazilian financial assets, and eventually ordered the platform suspended across Brazil for approximately one month — an unprecedented move affecting one of the world’s largest democracies and an estimated 22 million users. X ultimately complied with the court orders, paid outstanding fines, appointed a new legal representative in Brazil, and restored its operations. But the criminal inquiry against Musk personally remained open, casting a shadow over the platform’s return and becoming a recurring irritant in U.S.-Brazil relations.

Diplomatic Timing

The archiving comes at a diplomatically convenient moment. President Lula is seeking to arrange a visit to Washington to meet Donald Trump — a summit that has been repeatedly delayed over scheduling conflicts but that both sides view as important for managing bilateral tensions over trade, the Iran war, and the potential U.S. designation of Brazilian criminal organizations as terrorist groups. Musk, who heads Trump’s Department of Government Efficiency and is considered one of the president’s closest advisors, would have been an awkward subject at any bilateral meeting while facing active criminal charges in the host’s country. A live criminal investigation against Trump’s close ally would have complicated those discussions considerably.

Musk’s Brazilian defense team, led by criminal lawyer Sérgio Rosenthal, said the archiving “reflects the correct and collaborative posture of the company, which does not condone, nor has ever condoned, any illegality.” The case may be reopened only if new evidence emerges — a threshold that, given the attorney general’s definitive assessment, appears unlikely to be met. What began as a clash of wills between a Supreme Court justice and the world’s richest man ends, for now, with a quiet filing and a one-page decision.

Related coverage: Brazil’s Morning Call | Latin American Pulse

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.