SpaceX, led by Elon Musk, has urged South Africa to reevaluate its Black ownership regulations for telecom companies looking to operate in the country’s largest economy. The aerospace company proposes an alternative to the current rules, suggesting the implementation of an equity-equivalent program. This program would allow SpaceX to comply with ownership regulations while maintaining operational efficiency and contributing to South Africa’s telecom industry growth.
Starlink Urges South Africa to Reconsider Black Ownership Rules
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