IBOV 170,341 ▲ 0.01% IPSA 10,304 ▼ 0.54% IPC MEX 67,392 ▼ 1.31% MERVAL 3,174,511 ▲ 0.33% COLCAP 2,228.19 ▼ 0.48% BVL PERÚ 34,937.73 ▲ 0.29% USD/BRL 5.11 ▲ 0.81% USD/MXN 17.32 ▲ 0.19% USD/CLP 903.07 ▲ 0.88% USD/COP 3,574 ▼ 0.02% USD/PEN 3.41 ▲ 0.15% USD/ARS 1,440 ▲ 0.21% USD/UYU 40.36 ▲ 1.40% USD/PYG 6,037 ▲ 1.68% USD/BOB 6.86 ▲ 1.45% USD/DOP 58.11 ▲ 0.71% USD/CRC 456.90 ▲ 2.50% USD/GTQ 7.62 ▲ 2.23% USD/HNL 26.64 ▲ 0.41% USD/NIO 36.62 ▲ 0.31% USD/VES 561.88 ▼ 0.13% USD/PAB 1.00 ▲ 2.22% USD/BZD 2.00 ▲ 1.65% USD/JMD 157.19 ▲ 0.75% USD/TTD 6.66 ▲ 0.18% EUR/BRL 5.92 ▲ 0.50% BRENT 94.23 ▼ 0.84% WTI 91.90 ▼ 1.23% IRON ORE 161.91 — — COPPER 6.38 ▼ 1.98% GOLD 4,442 ▼ 0.76% SILVER 71.36 ▼ 3.29% SOY 1,130 ▲ 0.07% CORN 420.50 ▼ 0.94% WHEAT 584.25 ▲ 0.43% COFFEE 244.35 ▼ 1.13% SUGAR 14.31 ▲ 0.28% ORANGE JUICE 164.95 ▼ 2.05% COTTON 74.70 ▼ 0.25% COCOA 3,789 ▼ 4.44% BEEF 241.68 ▼ 2.01% CATTLE 353.38 ▲ 3.14% LITHIUM 83.28 ▼ 1.86% PETR4 41.25 ▼ 0.77% VALE3 81.79 ▼ 3.78% ITUB4 38.72 ▼ 2.12% BBDC4 17.37 ▼ 2.14% ABEV3 16.07 ▼ 2.31% BBAS3 19.53 ▼ 1.81% B3SA3 15.52 ▼ 4.67% WEGE3 41.78 ▼ 0.52% PRIO3 62.59 ▲ 0.98% SUZB3 41.22 ▲ 1.95% RENT3 40.44 ▼ 3.32% AZZA3 17.31 ▼ 0.40% CSAN3 3.57 ▼ 0.28% RAIZ4 0.40 ▲ 2.56% PCAR3 1.57 ▲ 1.95% GMAT3 4.20 ▼ 0.24% PSSA3 47.94 ▼ 0.46% CVCB3 1.48 — 0.00% POSI3 3.73 ▼ 0.53% SLCE3 14.98 ▼ 2.03% NATU3 9.77 ▼ 0.31% BRKM5 9.43 ▼ 5.79% RANI3 7.83 ▼ 0.89% CSNA3 6.68 ▼ 6.31% CMIN3 4.50 ▼ 5.86% USIM5 11.27 ▼ 1.66% GGBR4 24.13 ▼ 2.11% ENEV3 24.23 ▼ 4.42% NEOE3 33.80 — 0.00% CPFE3 43.30 ▼ 0.46% CMIG4 10.81 ▼ 0.46% EQTL3 39.81 ▲ 1.89% LREN3 14.62 ▼ 0.14% VIVT3 33.75 ▼ 0.15% RAIL3 13.89 ▼ 2.11% KLABIN 16.72 ▼ 0.24% RAIA DROGASIL 17.51 ▼ 3.26% RDOR3 33.11 ▼ 3.33% HAPV3 11.07 ▼ 1.34% FLRY3 14.62 ▼ 0.54% SMTO3 17.05 ▼ 1.45% UGPA3 24.77 ▼ 0.60% VBBR3 29.48 ▼ 2.16% BBSE3 34.99 ▼ 0.14% BPAC11 50.71 ▼ 4.77% CURY3 29.19 ▼ 0.88% AERI3 2.29 ▼ 0.87% VIVARA 20.17 ▼ 1.61% COMPASS 25.51 ▼ 1.09% VAMOS 2.92 ▼ 0.68% SANB11 26.72 ▼ 2.34% ASAI3 8.79 ▼ 2.87% SBSP3 27.23 ▼ 1.66% WALMEX 51.57 ▼ 1.15% GMEXICO 211.45 ▼ 1.21% FEMSA 211.59 ▼ 0.10% CEMEX 22.39 ▼ 0.27% GFNORTE 179.89 ▼ 0.44% BIMBO 57.14 ▼ 2.12% TELEVISA 9.34 ▲ 3.32% AMX 21.90 ▼ 1.35% GAP 414.21 ▼ 1.02% ASUR 292.80 ▼ 1.34% OMA 215.43 ▼ 1.93% KOF 184.60 ▼ 1.31% GRUMA 290.36 ▼ 1.38% KIMBER 37.71 ▼ 1.00% SQM-B 69,655 ▼ 1.89% COPEC 6,115 ▲ 0.25% BSANTANDER 68.11 ▲ 0.01% FALABELLA 5,574 ▲ 2.28% ENELAM 76.56 ▼ 0.27% CENCOSUD 2,160 ▼ 0.36% CMPC 1,050 ▲ 2.14% BANCO CHILE 165.50 ▲ 0.92% LATAM AIR 22.26 ▼ 0.13% YPF 83,850 ▲ 0.96% GGAL 7,340 ▼ 0.14% PAMPA 5,135 ▲ 0.39% TXAR 700.00 ▲ 3.32% ALUAR 1,009 ▼ 0.59% TGS 9,245 ▲ 0.43% CEPU 2,277 ▼ 1.39% MIRGOR 17,000 ▲ 0.44% COME 47.31 ▼ 1.25% LOMA NEGRA 3,445 ▼ 0.22% BYMA 293.50 ▲ 0.17% TELECOM ARG 4,015 ▼ 0.93% ECOPETROL 15.64 ▲ 0.39% BANCOLOMBIA 72.33 ▲ 0.11% GRUPO AVAL 4.90 ▼ 1.61% CREDICORP 326.47 ▼ 0.29% SOUTHERN COPPER 194.09 ▼ 1.27% BUENAVENTURA 34.27 ▲ 1.21% MERCADOLIBRE 1,635 ▼ 0.23% NUBANK 12.12 ▲ 4.12% XP 15.64 ▲ 0.26% PAGSEGURO 8.81 — 0.00% STONE 10.76 ▲ 1.13% GLOBANT 39.58 ▼ 0.23% TECNOGLASS 42.74 — 0.00% GAP AIRPORT 239.64 ▼ 0.45% ASUR 292.80 ▼ 1.34% OMA AIRPORT 99.76 ▼ 1.40% AMX ADR 25.34 ▼ 0.78% FEMSA ADR 122.53 ▲ 0.59% CEMEX ADR 12.94 ▲ 0.31% PETROBRAS ADR 18.06 ▼ 0.71% VALE ADR 15.77 ▼ 1.81% ITAU ADR 7.64 ▲ 0.66% SANTANDER BR 5.35 ▲ 0.85% AMBEV ADR 3.11 ▼ 0.96% CSN 1.31 ▼ 0.38% GERDAU 4.71 ▼ 0.95% LATAM ADR 49.71 — 0.00% BTC 62,016 ▼ 2.80% ETH 1,665 ▼ 5.90% SOL 66.29 ▼ 3.53% XRP 1.13 ▼ 3.29% BNB 593.75 ▼ 1.62% ADA 0.16 ▼ 8.88% DOGE 0.08 ▼ 4.58% AVAX 7.15 ▼ 7.00% LINK 7.59 ▼ 5.12% DOT 1.00 ▼ 3.57% LTC 44.32 ▼ 2.71% BCH 223.50 ▼ 8.84% TRX 0.33 ▼ 1.91% XLM 0.19 ▼ 5.28% HBAR 0.08 ▼ 2.20% NEAR 2.07 ▼ 5.67% ATOM 1.71 ▼ 5.18% AAVE 65.35 ▼ 8.15% SELIC 14.50% EMBRAER 70.46 ▲ 1.13% EMBRAER ADR 56.51 ▲ 2.37% JBS 12.21 ▲ 2.78% JBS BDR 60.67 ▲ 1.29% MBRF3 15.78 ▼ 0.44% MBRFY 3.16 ▲ 3.27% INTER 5.76 ▼ 0.69% IBOV 170,341 ▲ 0.01% IPSA 10,304 ▼ 0.54% IPC MEX 67,392 ▼ 1.31% MERVAL 3,174,511 ▲ 0.33% COLCAP 2,228.19 ▼ 0.48% BVL PERÚ 34,937.73 ▲ 0.29% USD/BRL 5.11 ▲ 0.81% USD/MXN 17.32 ▲ 0.19% USD/CLP 903.07 ▲ 0.88% USD/COP 3,574 ▼ 0.02% USD/PEN 3.41 ▲ 0.15% USD/ARS 1,440 ▲ 0.21% USD/UYU 40.36 ▲ 1.40% USD/PYG 6,037 ▲ 1.68% USD/BOB 6.86 ▲ 1.45% USD/DOP 58.11 ▲ 0.71% USD/CRC 456.90 ▲ 2.50% USD/GTQ 7.62 ▲ 2.23% USD/HNL 26.64 ▲ 0.41% USD/NIO 36.62 ▲ 0.31% USD/VES 561.88 ▼ 0.13% USD/PAB 1.00 ▲ 2.22% USD/BZD 2.00 ▲ 1.65% USD/JMD 157.19 ▲ 0.75% USD/TTD 6.66 ▲ 0.18% EUR/BRL 5.92 ▲ 0.50% BRENT 94.23 ▼ 0.84% WTI 91.90 ▼ 1.23% IRON ORE 161.91 — — COPPER 6.38 ▼ 1.98% GOLD 4,442 ▼ 0.76% SILVER 71.36 ▼ 3.29% SOY 1,130 ▲ 0.07% CORN 420.50 ▼ 0.94% WHEAT 584.25 ▲ 0.43% COFFEE 244.35 ▼ 1.13% SUGAR 14.31 ▲ 0.28% ORANGE JUICE 164.95 ▼ 2.05% COTTON 74.70 ▼ 0.25% COCOA 3,789 ▼ 4.44% BEEF 241.68 ▼ 2.01% CATTLE 353.38 ▲ 3.14% LITHIUM 83.28 ▼ 1.86% PETR4 41.25 ▼ 0.77% VALE3 81.79 ▼ 3.78% ITUB4 38.72 ▼ 2.12% BBDC4 17.37 ▼ 2.14% ABEV3 16.07 ▼ 2.31% BBAS3 19.53 ▼ 1.81% B3SA3 15.52 ▼ 4.67% WEGE3 41.78 ▼ 0.52% PRIO3 62.59 ▲ 0.98% SUZB3 41.22 ▲ 1.95% RENT3 40.44 ▼ 3.32% AZZA3 17.31 ▼ 0.40% CSAN3 3.57 ▼ 0.28% RAIZ4 0.40 ▲ 2.56% PCAR3 1.57 ▲ 1.95% GMAT3 4.20 ▼ 0.24% PSSA3 47.94 ▼ 0.46% CVCB3 1.48 — 0.00% POSI3 3.73 ▼ 0.53% SLCE3 14.98 ▼ 2.03% NATU3 9.77 ▼ 0.31% BRKM5 9.43 ▼ 5.79% RANI3 7.83 ▼ 0.89% CSNA3 6.68 ▼ 6.31% CMIN3 4.50 ▼ 5.86% USIM5 11.27 ▼ 1.66% GGBR4 24.13 ▼ 2.11% ENEV3 24.23 ▼ 4.42% NEOE3 33.80 — 0.00% CPFE3 43.30 ▼ 0.46% CMIG4 10.81 ▼ 0.46% EQTL3 39.81 ▲ 1.89% LREN3 14.62 ▼ 0.14% VIVT3 33.75 ▼ 0.15% RAIL3 13.89 ▼ 2.11% KLABIN 16.72 ▼ 0.24% RAIA DROGASIL 17.51 ▼ 3.26% RDOR3 33.11 ▼ 3.33% HAPV3 11.07 ▼ 1.34% FLRY3 14.62 ▼ 0.54% SMTO3 17.05 ▼ 1.45% UGPA3 24.77 ▼ 0.60% VBBR3 29.48 ▼ 2.16% BBSE3 34.99 ▼ 0.14% BPAC11 50.71 ▼ 4.77% CURY3 29.19 ▼ 0.88% AERI3 2.29 ▼ 0.87% VIVARA 20.17 ▼ 1.61% COMPASS 25.51 ▼ 1.09% VAMOS 2.92 ▼ 0.68% SANB11 26.72 ▼ 2.34% ASAI3 8.79 ▼ 2.87% SBSP3 27.23 ▼ 1.66% WALMEX 51.57 ▼ 1.15% GMEXICO 211.45 ▼ 1.21% FEMSA 211.59 ▼ 0.10% CEMEX 22.39 ▼ 0.27% GFNORTE 179.89 ▼ 0.44% BIMBO 57.14 ▼ 2.12% TELEVISA 9.34 ▲ 3.32% AMX 21.90 ▼ 1.35% GAP 414.21 ▼ 1.02% ASUR 292.80 ▼ 1.34% OMA 215.43 ▼ 1.93% KOF 184.60 ▼ 1.31% GRUMA 290.36 ▼ 1.38% KIMBER 37.71 ▼ 1.00% SQM-B 69,655 ▼ 1.89% COPEC 6,115 ▲ 0.25% BSANTANDER 68.11 ▲ 0.01% FALABELLA 5,574 ▲ 2.28% ENELAM 76.56 ▼ 0.27% CENCOSUD 2,160 ▼ 0.36% CMPC 1,050 ▲ 2.14% BANCO CHILE 165.50 ▲ 0.92% LATAM AIR 22.26 ▼ 0.13% YPF 83,850 ▲ 0.96% GGAL 7,340 ▼ 0.14% PAMPA 5,135 ▲ 0.39% TXAR 700.00 ▲ 3.32% ALUAR 1,009 ▼ 0.59% TGS 9,245 ▲ 0.43% CEPU 2,277 ▼ 1.39% MIRGOR 17,000 ▲ 0.44% COME 47.31 ▼ 1.25% LOMA NEGRA 3,445 ▼ 0.22% BYMA 293.50 ▲ 0.17% TELECOM ARG 4,015 ▼ 0.93% ECOPETROL 15.64 ▲ 0.39% BANCOLOMBIA 72.33 ▲ 0.11% GRUPO AVAL 4.90 ▼ 1.61% CREDICORP 326.47 ▼ 0.29% SOUTHERN COPPER 194.09 ▼ 1.27% BUENAVENTURA 34.27 ▲ 1.21% MERCADOLIBRE 1,635 ▼ 0.23% NUBANK 12.12 ▲ 4.12% XP 15.64 ▲ 0.26% PAGSEGURO 8.81 — 0.00% STONE 10.76 ▲ 1.13% GLOBANT 39.58 ▼ 0.23% TECNOGLASS 42.74 — 0.00% GAP AIRPORT 239.64 ▼ 0.45% ASUR 292.80 ▼ 1.34% OMA AIRPORT 99.76 ▼ 1.40% AMX ADR 25.34 ▼ 0.78% FEMSA ADR 122.53 ▲ 0.59% CEMEX ADR 12.94 ▲ 0.31% PETROBRAS ADR 18.06 ▼ 0.71% VALE ADR 15.77 ▼ 1.81% ITAU ADR 7.64 ▲ 0.66% SANTANDER BR 5.35 ▲ 0.85% AMBEV ADR 3.11 ▼ 0.96% CSN 1.31 ▼ 0.38% GERDAU 4.71 ▼ 0.95% LATAM ADR 49.71 — 0.00% BTC 62,016 ▼ 2.80% ETH 1,665 ▼ 5.90% SOL 66.29 ▼ 3.53% XRP 1.13 ▼ 3.29% BNB 593.75 ▼ 1.62% ADA 0.16 ▼ 8.88% DOGE 0.08 ▼ 4.58% AVAX 7.15 ▼ 7.00% LINK 7.59 ▼ 5.12% DOT 1.00 ▼ 3.57% LTC 44.32 ▼ 2.71% BCH 223.50 ▼ 8.84% TRX 0.33 ▼ 1.91% XLM 0.19 ▼ 5.28% HBAR 0.08 ▼ 2.20% NEAR 2.07 ▼ 5.67% ATOM 1.71 ▼ 5.18% AAVE 65.35 ▼ 8.15% SELIC 14.50% EMBRAER 70.46 ▲ 1.13% EMBRAER ADR 56.51 ▲ 2.37% JBS 12.21 ▲ 2.78% JBS BDR 60.67 ▲ 1.29% MBRF3 15.78 ▼ 0.44% MBRFY 3.16 ▲ 3.27% INTER 5.76 ▼ 0.69%
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Friday, June 5, 2026

Brazil Politics - Brazil

Brazil Seeks Chinese Satellite Partnership to Counter Musk’s Starlink

By · November 5, 2024 · 2 min read

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Brazil and China are forging a partnership to compete with Elon Musk’s Starlink in the satellite internet market. The two nations are negotiating a memorandum of understanding to bring Chinese satellite company SpaceSail to Brazil.

This move comes amid tensions between Musk and Brazilian authorities. SpaceSail, a private Chinese firm based in Shanghai, operates in the low Earth orbit satellite internet sector.

The company currently has 18 satellites but plans to launch up to 15,000 by 2030. In comparison, Starlink is estimated to have already 6,000 satellites in orbit today.

Hermano Barros Tercius, Brazil’s Secretary of Telecommunications, confirmed the plans to the BBC. The memorandum could be signed during Chinese President Xi Jinping’s visit to Brazil on November 20.

However, no specific timeline for SpaceSail’s operations in Brazil has been set. Starlink currently dominates the Brazilian satellite internet market with a 45.9% share.

Brazil Seeks Chinese Satellite Partnership to Counter Musk's Starlink
Brazil Seeks Chinese Satellite Partnership to Counter Musk’s Starlink. (Photo Internet reproduction)
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The company’s rapid growth has raised concerns about market monopolization. Brazil’s government seeks to diversify providers to ensure competition and better service options for consumers.

The negotiations between Brazil and China began in August, coinciding with heightened tensions between Musk and Brazilian authorities. This conflict stemmed from disputes over content moderation on X (formerly Twitter), which Musk owns.

SpaceSail’s Entry into Brazil’s Satellite Market

SpaceSail aims to begin operations in Brazil by 2025. The company must obtain necessary authorizations from Brazil’s National Telecommunications Agency (Anatel) to build infrastructure for its satellite signals.

Brazil has proposed that SpaceSail conduct some satellite launches from the Alcântara Launch Center in Maranhão. This arrangement could benefit both parties, accelerating SpaceSail’s timeline and enhancing the use of Brazil’s launch facilities.

The Brazilian government is also discussing the construction of a geostationary satellite with China. This satellite could serve both communication needs and potentially support Brazil’s defense systems.

Experts view the entry of new providers like SpaceSail as positive for Brazil’s satellite internet market. Thiago Ayub, technology director at Sage Networks, emphasizes the importance of multiple suppliers in strategic sectors.

China has prioritized the development of satellite internet infrastructure. In 2020, the country’s National Development and Reform Commission listed it as a key short and medium-term objective.

This collaboration reflects Brazil’s efforts to balance its technological dependencies and foster a competitive market. It also aligns with China’s ambitions to expand its presence in the global satellite internet sector.

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