IBOV 176,641.10 ▲ 0.51% IPSA 11,024.10 ▲ 1.05% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,229,323 ▼ 0.18% COLCAP 2,298.73 ▼ 0.39% BVL PERÚ 56,428.20 — — USD/BRL5.08▲ 0.13% USD/MXN17.41▼ 0.07% USD/CLP925.63▼ 0.10% USD/COP3,248▲ 0.38% USD/PEN3.40▲ 0.32% USD/ARS1,470▼ 0.03% USD/UYU40.23▲ 1.24% USD/PYG6,039▲ 1.28% USD/BOB10.38▲ 3.30% USD/DOP58.31▲ 0.02% USD/CRC448.93▲ 1.21% USD/GTQ7.62▲ 2.06% USD/HNL26.73▼ 0.01% USD/NIO36.62▲ 0.31% USD/VES722.19▼ 0.37% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.72▲ 0.14% USD/TTD6.75▲ 1.13% EUR/BRL5.80▼ 0.99% BRENT 84.91 ▲ 0.21% WTI 79.64 ▲ 0.38% IRON ORE 161.91 — — COPPER 6.37 ▲ 0.68% GOLD 4,046 ▼ 0.38% SILVER 58.48 ▼ 0.51% SOY 1,192 ▼ 1.28% CORN 463.75 ▲ 6.92% WHEAT 662.75 ▲ 4.99% COFFEE 329.60 ▼ 2.25% SUGAR 14.84 ▼ 0.27% ORANGE JUICE 143.30 ▲ 2.17% COTTON 81.10 ▲ 1.88% COCOA 5,714 ▲ 0.95% BEEF 227.75 ▼ 2.97% CATTLE 349.63 ▼ 1.33% LITHIUM 71.58 ▼ 1.02% PETR4 40.66 — 0.00% VALE3 74.01 ▲ 1.59% ITUB4 43.63 ▲ 0.25% BBDC4 18.63 ▼ 0.75% ABEV3 15.81 ▼ 0.13% BBAS3 20.59 ▲ 1.73% B3SA3 15.33 ▲ 1.39% WEGE3 44.20 ▼ 0.43% PRIO3 57.57 ▲ 0.65% SUZB3 41.11 ▼ 0.92% RENT3 40.54 ▲ 0.85% AZZA3 18.85 ▼ 1.93% CSAN3 3.89 ▼ 0.26% RAIZ4 0.31 ▼ 6.06% PCAR3 2.45 ▼ 5.41% GMAT3 3.96 ▲ 0.51% PSSA3 54.29 ▲ 0.46% CVCB3 1.38 ▲ 10.40% POSI3 3.99 — 0.00% SLCE3 13.81 ▼ 0.43% NATU3 8.55 ▼ 0.58% BRKM5 6.83 ▼ 1.59% RANI3 8.01 ▲ 0.75% CSNA3 5.20 ▼ 0.76% CMIN3 5.10 ▼ 6.42% USIM5 8.23 ▼ 1.79% GGBR4 23.32 ▲ 2.19% ENEV3 27.17 ▲ 1.08% CPFE3 47.20 ▲ 0.77% CMIG4 11.20 ▲ 1.17% EQTL3 40.95 ▲ 1.84% LREN3 14.29 ▲ 0.99% VIVT3 35.52 ▲ 2.27% RAIL3 14.13 ▲ 0.14% KLABIN 17.32 ▼ 0.92% RAIA DROGASIL 18.60 ▲ 2.20% RDOR3 36.05 ▲ 1.38% HAPV3 11.19 ▲ 6.98% FLRY3 16.41 ▲ 1.61% SMTO3 16.12 ▼ 1.53% UGPA3 30.11 ▼ 2.65% VBBR3 33.30 ▲ 1.65% BBSE3 40.39 ▲ 0.27% BPAC11 57.95 ▲ 0.75% CURY3 33.59 ▲ 1.42% AERI3 2.07 ▼ 0.48% VIVARA 23.43 ▲ 1.38% COMPASS 25.20 ▲ 1.74% VAMOS 3.15 ▲ 4.30% SANB11 27.34 ▼ 0.11% ASAI3 8.66 ▼ 0.57% SBSP3 30.34 ▼ 0.10% WALMEX 49.32 ▼ 0.66% GMEXICO 199.61 ▲ 2.06% FEMSA 232.52 ▲ 3.18% CEMEX 22.24 ▲ 2.11% GFNORTE 186.00 ▲ 2.16% BIMBO 56.55 ▲ 1.22% TELEVISA 9.49 ▼ 1.25% AMX 22.83 ▲ 1.06% GAP 394.05 ▼ 3.46% ASUR 275.61 ▼ 1.09% OMA 235.49 ▲ 0.93% KOF 180.00 ▼ 0.92% GRUMA 280.31 ▼ 0.38% KIMBER 38.53 ▲ 0.81% SQM-B 67,900 ▲ 1.03% COPEC 6,210 ▲ 2.52% BSANTANDER 78.64 ▲ 0.56% FALABELLA 5,875 ▼ 0.51% ENELAM 85.75 ▲ 1.84% CENCOSUD 2,040 — 0.00% CMPC 1,103 ▲ 2.32% BANCO CHILE 189.50 ▲ 2.43% LATAM AIR 24.90 — 0.00% YPF 77,775 ▲ 0.78% GGAL 7,910 ▼ 2.10% PAMPA 5,230 ▲ 0.10% TXAR 665.00 ▲ 0.08% ALUAR 949.00 ▼ 1.61% TGS 9,710 ▲ 1.46% CEPU 2,327 ▲ 0.35% MIRGOR 16,750 ▼ 1.47% COME 45.75 ▲ 2.17% LOMA NEGRA 3,540 ▲ 1.22% BYMA 302.50 ▼ 1.87% TELECOM ARG 4,333 ▲ 1.94% ECOPETROL 16.16 ▲ 1.76% BANCOLOMBIA 82.10 ▲ 2.09% GRUPO AVAL 4.95 ▲ 0.81% CREDICORP 392.24 ▲ 0.78% SOUTHERN COPPER 182.38 ▲ 4.50% BUENAVENTURA 31.03 ▲ 4.06% MERCADOLIBRE 1,874 ▲ 0.35% NUBANK 13.99 ▲ 2.34% XP 16.87 ▲ 3.05% PAGSEGURO 9.28 — 0.00% STONE 11.30 ▲ 1.35% GLOBANT 30.92 ▼ 3.74% TECNOGLASS 44.19 ▲ 3.15% GAP AIRPORT 225.95 ▼ 2.93% ASUR 275.61 ▼ 1.09% OMA AIRPORT 107.64 ▲ 1.42% AMX ADR 26.18 ▲ 0.58% FEMSA ADR 133.17 ▲ 3.22% CEMEX ADR 12.80 ▲ 2.81% PETROBRAS ADR 17.92 ▲ 0.22% VALE ADR 14.59 ▲ 2.89% ITAU ADR 8.55 ▲ 0.94% SANTANDER BR 5.40 ▲ 0.84% AMBEV ADR 3.09 ▲ 0.98% CSN 1.04 ▲ 0.49% GERDAU 4.61 ▲ 2.67% LATAM ADR 53.51 ▲ 0.34% BTC 64,630 ▼ 0.50% ETH 1,884 ▼ 0.30% SOL 77.37 ▼ 0.50% XRP 1.11 ▼ 0.41% BNB 578.89 ▼ 0.49% ADA 0.17 ▲ 0.11% DOGE 0.07 ▼ 0.78% AVAX 6.68 ▼ 0.26% LINK 8.45 ▲ 1.32% DOT 0.85 ▲ 0.27% LTC 45.38 ▼ 0.12% BCH 236.28 ▼ 0.09% TRX 0.33 ▲ 0.59% XLM 0.19 ▲ 2.16% HBAR 0.07 ▲ 0.54% NEAR 2.09 ▲ 4.23% ATOM 1.58 ▲ 1.09% AAVE 98.60 ▼ 0.29% SELIC 14.25% EMBRAER 82.49 ▼ 0.63% EMBRAER ADR 64.91 ▲ 0.67% JBS 11.83 ▲ 0.25% JBS BDR 59.75 ▼ 1.42% MBRF3 16.09 ▲ 2.35% MBRFY 3.15 ▲ 0.32% INTER 5.70 ▲ 0.89% EGX 52,558 ▲ 0.50% USD/ZAR16.36▼ 0.08% USD/NGN 1,381 — 0.00% NIKKEI 68,752 ▲ 1.49% CSI300 4,787 ▼ 0.20% HSI 24,681 ▲ 1.40% NIFTY 24,079 ▲ 0.11% KOSPI 7,284 ▲ 6.24% JCI 6,042 ▲ 0.04% USD/JPY162.35▲ 0.06% USD/CNY6.76▼ 0.13% DAX 25,009 ▼ 0.55% CAC 8,365 ▼ 0.02% FTSE 10,519 ▼ 0.10% MIB 52,642 ▼ 0.42% IBEX 19,250 ▼ 0.55% STOXX 642.62 ▲ 0.08% EUR/USD1.14▲ 0.01% GBP/USD1.34▲ 0.48% SPX 7,544 ▲ 0.38% DJI 52,508 ▲ 0.02% NDX 29,586 ▲ 1.10% RUT 2,965 ▲ 0.39% TSX 35,321 ▲ 0.19% VIX 16.41 ▼ 0.55% USD/CAD1.41▲ 0.06% US10Y 4.5850 — 0.00% IBOV 176,641.10 ▲ 0.51% IPSA 11,024.10 ▲ 1.05% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,229,323 ▼ 0.18% COLCAP 2,298.73 ▼ 0.39% BVL PERÚ 56,428.20 — — USD/BRL 5.08 ▲ 0.13% USD/MXN 17.41 ▼ 0.07% USD/CLP 925.63 ▼ 0.10% USD/COP 3,248 ▲ 0.38% USD/PEN 3.40 ▲ 0.32% USD/ARS 1,470 ▼ 0.03% USD/UYU 40.23 ▲ 1.24% USD/PYG 6,039 ▲ 1.28% USD/BOB 10.38 ▲ 3.30% USD/DOP 58.31 ▲ 0.02% USD/CRC 448.93 ▲ 1.21% USD/GTQ 7.62 ▲ 2.06% USD/HNL 26.73 ▼ 0.01% USD/NIO 36.62 ▲ 0.31% USD/VES 722.19 ▼ 0.37% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.06% USD/TTD 6.75 ▲ 1.13% EUR/BRL 5.80 ▼ 0.99% BRENT 84.91 ▲ 0.21% WTI 79.64 ▲ 0.38% IRON ORE 161.91 — — COPPER 6.37 ▲ 0.68% GOLD 4,046 ▼ 0.38% SILVER 58.48 ▼ 0.51% SOY 1,192 ▼ 1.28% CORN 463.75 ▲ 6.92% WHEAT 662.75 ▲ 4.99% COFFEE 329.60 ▼ 2.25% SUGAR 14.84 ▼ 0.27% ORANGE JUICE 143.30 ▲ 2.17% COTTON 81.10 ▲ 1.88% COCOA 5,714 ▲ 0.95% BEEF 227.75 ▼ 2.97% CATTLE 349.63 ▼ 1.33% LITHIUM 71.58 ▼ 1.02% PETR4 40.66 — 0.00% VALE3 74.01 ▲ 1.59% ITUB4 43.63 ▲ 0.25% BBDC4 18.63 ▼ 0.75% ABEV3 15.81 ▼ 0.13% BBAS3 20.59 ▲ 1.73% B3SA3 15.33 ▲ 1.39% WEGE3 44.20 ▼ 0.43% PRIO3 57.57 ▲ 0.65% SUZB3 41.11 ▼ 0.92% RENT3 40.54 ▲ 0.85% AZZA3 18.85 ▼ 1.93% CSAN3 3.89 ▼ 0.26% RAIZ4 0.31 ▼ 6.06% PCAR3 2.45 ▼ 5.41% GMAT3 3.96 ▲ 0.51% PSSA3 54.29 ▲ 0.46% CVCB3 1.38 ▲ 10.40% POSI3 3.99 — 0.00% SLCE3 13.81 ▼ 0.43% NATU3 8.55 ▼ 0.58% BRKM5 6.83 ▼ 1.59% RANI3 8.01 ▲ 0.75% CSNA3 5.20 ▼ 0.76% CMIN3 5.10 ▼ 6.42% USIM5 8.23 ▼ 1.79% GGBR4 23.32 ▲ 2.19% ENEV3 27.17 ▲ 1.08% CPFE3 47.20 ▲ 0.77% CMIG4 11.20 ▲ 1.17% EQTL3 40.95 ▲ 1.84% LREN3 14.29 ▲ 0.99% VIVT3 35.52 ▲ 2.27% RAIL3 14.13 ▲ 0.14% KLABIN 17.32 ▼ 0.92% RAIA DROGASIL 18.60 ▲ 2.20% RDOR3 36.05 ▲ 1.38% HAPV3 11.19 ▲ 6.98% FLRY3 16.41 ▲ 1.61% SMTO3 16.12 ▼ 1.53% UGPA3 30.11 ▼ 2.65% VBBR3 33.30 ▲ 1.65% BBSE3 40.39 ▲ 0.27% BPAC11 57.95 ▲ 0.75% CURY3 33.59 ▲ 1.42% AERI3 2.07 ▼ 0.48% VIVARA 23.43 ▲ 1.38% COMPASS 25.20 ▲ 1.74% VAMOS 3.15 ▲ 4.30% SANB11 27.34 ▼ 0.11% ASAI3 8.66 ▼ 0.57% SBSP3 30.34 ▼ 0.10% WALMEX 49.32 ▼ 0.66% GMEXICO 199.61 ▲ 2.06% FEMSA 232.52 ▲ 3.18% CEMEX 22.24 ▲ 2.11% GFNORTE 186.00 ▲ 2.16% BIMBO 56.55 ▲ 1.22% TELEVISA 9.49 ▼ 1.25% AMX 22.83 ▲ 1.06% GAP 394.05 ▼ 3.46% ASUR 275.61 ▼ 1.09% OMA 235.49 ▲ 0.93% KOF 180.00 ▼ 0.92% GRUMA 280.31 ▼ 0.38% KIMBER 38.53 ▲ 0.81% SQM-B 67,900 ▲ 1.03% COPEC 6,210 ▲ 2.52% BSANTANDER 78.64 ▲ 0.56% FALABELLA 5,875 ▼ 0.51% ENELAM 85.75 ▲ 1.84% CENCOSUD 2,040 — 0.00% CMPC 1,103 ▲ 2.32% BANCO CHILE 189.50 ▲ 2.43% LATAM AIR 24.90 — 0.00% YPF 77,775 ▲ 0.78% GGAL 7,910 ▼ 2.10% PAMPA 5,230 ▲ 0.10% TXAR 665.00 ▲ 0.08% ALUAR 949.00 ▼ 1.61% TGS 9,710 ▲ 1.46% CEPU 2,327 ▲ 0.35% MIRGOR 16,750 ▼ 1.47% COME 45.75 ▲ 2.17% LOMA NEGRA 3,540 ▲ 1.22% BYMA 302.50 ▼ 1.87% TELECOM ARG 4,333 ▲ 1.94% ECOPETROL 16.16 ▲ 1.76% BANCOLOMBIA 82.10 ▲ 2.09% GRUPO AVAL 4.95 ▲ 0.81% CREDICORP 392.24 ▲ 0.78% SOUTHERN COPPER 182.38 ▲ 4.50% BUENAVENTURA 31.03 ▲ 4.06% MERCADOLIBRE 1,874 ▲ 0.35% NUBANK 13.99 ▲ 2.34% XP 16.87 ▲ 3.05% PAGSEGURO 9.28 — 0.00% STONE 11.30 ▲ 1.35% GLOBANT 30.92 ▼ 3.74% TECNOGLASS 44.19 ▲ 3.15% GAP AIRPORT 225.95 ▼ 2.93% ASUR 275.61 ▼ 1.09% OMA AIRPORT 107.64 ▲ 1.42% AMX ADR 26.18 ▲ 0.58% FEMSA ADR 133.17 ▲ 3.22% CEMEX ADR 12.80 ▲ 2.81% PETROBRAS ADR 17.92 ▲ 0.22% VALE ADR 14.59 ▲ 2.89% ITAU ADR 8.55 ▲ 0.94% SANTANDER BR 5.40 ▲ 0.84% AMBEV ADR 3.09 ▲ 0.98% CSN 1.04 ▲ 0.49% GERDAU 4.61 ▲ 2.67% LATAM ADR 53.51 ▲ 0.34% BTC 64,630 ▼ 0.50% ETH 1,884 ▼ 0.30% SOL 77.37 ▼ 0.50% XRP 1.11 ▼ 0.41% BNB 578.89 ▼ 0.49% ADA 0.17 ▲ 0.11% DOGE 0.07 ▼ 0.78% AVAX 6.68 ▼ 0.26% LINK 8.45 ▲ 1.32% DOT 0.85 ▲ 0.27% LTC 45.38 ▼ 0.12% BCH 236.28 ▼ 0.09% TRX 0.33 ▲ 0.59% XLM 0.19 ▲ 2.16% HBAR 0.07 ▲ 0.54% NEAR 2.09 ▲ 4.23% ATOM 1.58 ▲ 1.09% AAVE 98.60 ▼ 0.29% SELIC 14.25% EMBRAER 82.49 ▼ 0.63% EMBRAER ADR 64.91 ▲ 0.67% JBS 11.83 ▲ 0.25% JBS BDR 59.75 ▼ 1.42% MBRF3 16.09 ▲ 2.35% MBRFY 3.15 ▲ 0.32% INTER 5.70 ▲ 0.89% EGX 52,558 ▲ 0.50% USD/ZAR 16.37 ▲ 0.15% USD/NGN 1,381 — 0.00% NIKKEI 68,752 ▲ 1.49% CSI300 4,787 ▼ 0.20% HSI 24,681 ▲ 1.40% NIFTY 24,079 ▲ 0.11% KOSPI 7,284 ▲ 6.24% JCI 6,042 ▲ 0.04% USD/JPY 162.30 ▲ 0.07% USD/CNY 6.7619 ▼ 0.01% DAX 25,009 ▼ 0.55% CAC 8,365 ▼ 0.02% FTSE 10,519 ▼ 0.10% MIB 52,642 ▼ 0.42% IBEX 19,250 ▼ 0.55% STOXX 642.62 ▲ 0.08% EUR/USD 1.1421 ▼ 0.04% GBP/USD 1.3412 ▲ 0.19% SPX 7,544 ▲ 0.38% DJI 52,508 ▲ 0.02% NDX 29,586 ▲ 1.10% RUT 2,965 ▲ 0.39% TSX 35,321 ▲ 0.19% VIX 16.41 ▼ 0.55% USD/CAD 1.4065 ▲ 0.03% US10Y 4.5850 — 0.00%
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Wednesday, July 15, 2026

Brazil Drops Criminal Probe Against Elon Musk Over X

By · March 11, 2026 · 3 min read

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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.

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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)
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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

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