Will Elon Musk Test the South Asian Market? – Foreign Policy
Welcome toForeign Policys South Asia Brief.
The highlights this week: Billionaire entrepreneur Elon Musk meets with Sri Lankas president in Bali, the United States issues travel restrictions on a former Bangladesh Army chief for alleged corruption, and South Asian governments mourn Iranian President Ebrahim Raisi.
Sri Lankan President Ranil Wickremesinghe met billionaire entrepreneur Elon Musk at a conference in Bali last Sunday, where they spoke about Musks Starlink satellite internet service, which he is launching in Indonesia. Starlinks expansion could be particularly transformative for countries like Sri Lanka, Wickremesinghe said in a post on X after their meeting.
Musk is aggressively marketing Starlink around the world: He says that the service is now available in 99 countries. (In 2021, that figure was just 14.) It isnt yet available in South Asia, which is an especially attractive market due to its large and young population, its emerging technology sectors, and government pledges to ramp up digital economies. But financial, legal, and logistical constraints pose challenges that could hurt Starlinks prospects in the region.
In the last few decades, internet penetration rates increased rapidly across South Asia. India and Pakistan rank in the worlds top 10 countries for total internet users. However, this masks the massive number of South Asians989 million people, including more than 683 million in Indiawho remain offline. Only 47 percent of South Asias total population uses the internet, according to DataReportal.
This presents an opening for Starlink, especially given that the services low-orbit satellites are intended to reduce connection problems and better serve remote regions, which Musk describes as a key investment target. Despite rapid urbanization in recent years, most of South Asias population remains in rural areas.
But Starlink faces multiple challenges making inroads in South Asia, mainly because the services drawbacks will be especially glaring there. First, Starlink isnt cheap: In Indonesia, its more than twice the average cost of internet service. In South Asia, recent inflation has resulted in sluggish private consumption growth, including within well-performing economies like India. Many wont want to pay for Starlink.
Additionally, there are mixed reviews of Starlinks ability to withstand the elements. Some users in the West concur with the companys assurances that connections remain strong during extreme weather events, but others report disruptions. In South Asia, where extreme weather is frequent, this could be another turnoff.
Furthermore, many South Asian governments seek influence over foreign firms operations, which may rankle Starlink. This disconnect has played out publicly in Nepal, where Starlink officials have balked at a law that requires foreign companies to agree to a domestic stake of at least 20 percent.
As a result, Starlink may struggle to penetrate South Asian markets with no shortage of cheaper alternatives. Bangladesh is the only state in the region known to have formally agreed to provide a license to Starlink, although its unclear when the service will be available there. (The company says 2025.) India is close to a licensing agreement after Starlink reportedly found a solution to Indian data localization concerns.
Starlinks challenges in the region underscore a broader irony: South Asia is an attractive destination for global tech investors, but the region also throws up a striking number of obstacles: cost and local ownership issues, a lack of skilled workers, and periodic crackdowns on online content.
In India, Musk may fare better with another of his prized companies. New Delhi is rapidly expanding its electric vehicle sector, and it is keen to attract Tesla. But despite repeatedly signaling his desire to enter the Indian market, Musk abruptly postponed a meeting in India with Prime Minister Narendra Modi last month. He did manage to visit Beijing, though, raising some eyebrows in New Delhi.
For now, at least, when it comes to Musk and South Asia, it seems that the stars have not yet aligned.
U.S. bans former Bangladesh Army chief. On Monday, the U.S. State Department announced travel restrictions on Aziz Ahmed, who served as Bangladeshs Army chief from 2018 to 2021, over alleged corruption. The announcement accused Ahmed of helping his brother evade justice for illegal activities and said Ahmed accepted improper military contracts and bribes. (These allegations and more were laid out in detail in a 2021 Al Jazeera documentary.)
The United States sanctioned Bangladesh for the first time in 2021, focusing on a paramilitary organization accused of human rights abuses. Several unnamed Bangladeshis were also hit with visa restrictions last year related to undermining the democratic election process.
Still, the Monday announcement caught Dhaka by surprise. The United States had taken a softer public line on Bangladesh in the months since the countrys January elections, which the U.S. State Department labeled not free or fair. Public messaging has struck a more positive tone: During a trip to Dhaka last week, Donald Lu, the U.S. assistant secretary of state for South and Central Asian affairs, spoke of the importance of moving ties forward.
The restrictions on Ahmed are a reminder that human rights and democracy promotion remain a core element of the U.S.-Bangladesh relationship. And given Washingtons desire to ensure a cordial partnership, the decision is actually a fairly safe bet: Its a relatively light punishment that doesnt go after economic assets, and it targets a retired official. Tellingly, Bangladeshs government hasnt come to Ahmeds defense.
South Asian leaders mourn Raisi. Leaders across the region expressed condolences for Iranian President Ebrahim Raisi after his death in a helicopter crash last weekend alongside Foreign Minister Hossein Amir-Abdollahian and six others. Several South Asian governments declared a period of mourning, including Indias.
As South Asia Brief explained last month, Iran is looking to expand engagement across the region; one of Raisis last foreign trips was a visit to Pakistan and Sri Lanka last month. Although Raisis death isnt likely to directly affect the regions interests, Irans sudden power transition will be watched closely in South Asian capitals, especially given surging instability in the Middle East.
Officials will keep an eye on whether Raisis successor introduces any significant policy shiftsnot only in terms of policy toward the Israel-Hamas war, but also toward Saudi Arabia, a key partner of both India and Pakistan.
Indian election update. India completed its fifth phase of voting in ongoing national elections on Monday, when voters in six states and two union territories went to the polls. They included the major electoral prize of Uttar Pradesh, Indias most populous state and a ruling Bharatiya Janata Party (BJP) stronghold; and the disputed region of Kashmir.
One of the big storylines in recent days has been the question of anti-incumbency, even as the BJP is expected to win. In private conversations, some Indian political analysts have predicted that Modi and the BJP will struggle to earn the parliamentary supermajority they seek. Some are even predicting that the party will fall short of its margin of victory in the 2019 elections. (Of course, other analysts argue that the BJP could do better than 2019.)
The skeptics have cited relatively low voter turnout compared to 2019 in the early phases of voting, which some analysts think may reflect voter apathy and unhappiness with the BJP. According to initial data released by Indias election commission for the current election phase, turnout was pegged at a robust 60.48 percent, just a bit lower than in 2019.
Some of the highest turnout occurred in states not currently governed by the BJP, such as West Bengal. Meanwhile, turnout in Kashmir rose to its highest level since 1984a boost for the BJP, which has argued that the situation in Indian-administered Kashmir has stabilized since New Delhi revoked its special autonomous status in 2019.
Hundreds of Pakistani students living in Kyrgyzstan have flown home in recent days after local mobs attacked university facilities housing Pakistanis and other foreign students in the capital, Bishkek, last weekend.
The circumstances surrounding the violence are unclear; what is known is that mobs began targeting foreign students after some locals got into an argument with Egyptian students. Because of their relatively large numberPakistanis comprise about 12,000 of the roughly 60,000 international students in KyrgyzstanPakistanis may have been an easy target.
Both the Kyrgyz and Pakistani governments have confirmed that there were several injuries to students and no deathsdespite initial unconfirmed social media reports. Pakistani Foreign Minister Ishaq Dar visited Bishkek on Tuesday. Yet the damage was done: Hundreds of students have left, and the incident angered many Pakistanis, who accused the government of not acting swiftly enough.
In the Print, former civil servant Sanjeev Chopra discusses the idea of adding a second time zone in India, in the countrys east. He asks, Considering that countries like France have thirteen time zones [including overseas territory], and Russia and the US have eleven each, with daylight savingsis it time for India to at least discuss the pros and cons of this issue threadbare?
An Express Tribune editorial laments the frequency of wildfires in Pakistans Margalla Hills National Park, including one this month that spread across a nearly two-mile area. Let this recent incident serve as a call to action. Enhancing our firefighting capabilities will go a long way in safeguarding the Margalla Hills and ensuring their beauty and biodiversity endure for generations to come, it argues.
Journalist Sohrab Hassan decries new rules that forbid journalists from entering Bangladeshs central bank. When the journalists get information from various sources, they need to go to Bangladesh Bank to clarify these stories. If this is seen as conspiratorial or if attempts are made to conceal the facts, this will not bode well for Bangladesh Bank, he writes in Prothom Alo.
Read more:
Will Elon Musk Test the South Asian Market? - Foreign Policy
- Elon Musk cant sell a single SpaceX share for a yearand then all the locks crack open at once - Fortune - July 3rd, 2026 [July 3rd, 2026]
- QCOM Stock Slips Toward Fourth Straight Loss After Elon Musk Dismisses Reports Of SpaceX AI Phone Using Qualcomm Chips - Yahoo Finance - July 3rd, 2026 [July 3rd, 2026]
- What a brief encounter with Elon Musk taught me about the limits of capitalism - Top1000funds.com - July 3rd, 2026 [July 3rd, 2026]
- Elon Musk is remaking the world, like Henry Ford before him but more dangerously - The Conversation - July 3rd, 2026 [July 3rd, 2026]
- Doubt that Elon Musk earned his trillion? Rightwing media says youre in an impotent envy cult | Arwa Mahdawi - The Guardian - July 3rd, 2026 [July 3rd, 2026]
- World's First Trillionaire Elon Musk Is Worth 5.7 Million Times the Typical U.S. Household Yet He Rents a 400-Square-Foot $50K Texas Tiny Home -... - July 3rd, 2026 [July 3rd, 2026]
- Elon Musk Says He Would Be 'Disappointed' If SpaceX Does Not Significantly Exceed These Bullish Revenue Milestones - Yahoo Finance - July 3rd, 2026 [July 3rd, 2026]
- Elon Musk wins approval to acquire firm founded by former SpaceX employees - statesman.com - July 3rd, 2026 [July 3rd, 2026]
- Vancouver 'RoboCop' is one of 1st Canadian ALS patients to receive Elon Musk's Neuralink brain implant - CBC - July 3rd, 2026 [July 3rd, 2026]
- Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'sadly,' it makes the world a worse place - Fortune - July 3rd, 2026 [July 3rd, 2026]
- Trump says he thinks Elon Musk will donate SpaceX stock to Trump Accounts - CNBC - July 3rd, 2026 [July 3rd, 2026]
- Elon Musk sends wakeup call on runaway AI spending - thestreet.com - July 3rd, 2026 [July 3rd, 2026]
- If it exists, Elon Musk's SpaceX AI prototype hardware is thinner than iPhone - AppleInsider - July 3rd, 2026 [July 3rd, 2026]
- Elon Musk says AI may solve the debt crisis with productivitybut study suggests Treasury will pay - Fortune - July 3rd, 2026 [July 3rd, 2026]
- Trump hints at rekindled bromance with Elon Musk as he sends congratulatory note - MSN - July 3rd, 2026 [July 3rd, 2026]
- Elon Musk Is Reportedly Building an AI Device to Replace Your Phone. He Just Won't Call It That. - Entrepreneur - July 3rd, 2026 [July 3rd, 2026]
- America's 250th birthday has Elon Musk and a record IPO. Its 15th had Alexander Hamilton and a stock market bubble - Fortune - July 3rd, 2026 [July 3rd, 2026]
- California governor Gavin Newsom and Elon Musk make fun of each other over Billionaire tax across America - The Times of India - July 3rd, 2026 [July 3rd, 2026]
- Elon Musk is in the rabid lefts crosshairs but hes not the true target - New York Post - July 3rd, 2026 [July 3rd, 2026]
- Trump Weighs In On Elon Musk, OpenAI, Intel And Takes Aim At The 'Hostile' Fed Board - Stocktwits - July 3rd, 2026 [July 3rd, 2026]
- How Elon Musk Is Building the Terafab Team Inside Tesla - The Information - July 3rd, 2026 [July 3rd, 2026]
- How Elon Musk helped turn worst film-maker into alt-right hero - The Times - July 3rd, 2026 [July 3rd, 2026]
- Elon Musk Is So Rich, Hes Almost Wealthier Than the Next 5 Richest People Combined - Barron's - July 3rd, 2026 [July 3rd, 2026]
- Dan Ives Just Gave Elon Musk and SpaceX Some Great News - The Motley Fool - July 3rd, 2026 [July 3rd, 2026]
- Elon Musk Shares Wish For Mankind On 55th Birthday, Mom Maye Says Son Celebrated With Rocket And Moon Base Cake - Yahoo Finance - July 3rd, 2026 [July 3rd, 2026]
- Elon Musk denies Teslas Autopilot caused crash that killed grandmother - Ars Technica - June 24th, 2026 [June 24th, 2026]
- Elon Musk rips the US system of taxing what you earn, buy, and own. Do this now to keep more of your cash - Yahoo Finance - June 24th, 2026 [June 24th, 2026]
- Tesla cofounder JB Straubels first pitch to Elon Musk failed. Then he turned his hobby into a $1.3 trillion success - Fortune - June 24th, 2026 [June 24th, 2026]
- Elon Musk identified as buyer of Jacksonville business in FTC filing - News4JAX - June 24th, 2026 [June 24th, 2026]
- SpaceX Will Swallow Nearly the Entire U.S. Economy, According to Elon Musk - Yahoo Finance - June 24th, 2026 [June 24th, 2026]
- Elon Musk Is a Trillionaire. Why Thats Good News for All of Us - American Enterprise Institute - AEI - June 24th, 2026 [June 24th, 2026]
- Elon Musk may be the worlds first trillionaire, but bettors see others joining him soon - Yahoo Finance - June 24th, 2026 [June 24th, 2026]
- Opinion: Elon Musk boosts our standard of living - CT Insider - June 24th, 2026 [June 24th, 2026]
- SpaceX Will Swallow Nearly the Entire U.S. Economy, According to Elon Musk - The Motley Fool - June 24th, 2026 [June 24th, 2026]
- Why Elon Musk May Become the Worlds First Recurring Trillionaire - inc.com - June 24th, 2026 [June 24th, 2026]
- Elon Musk will get a billion shares of SpaceX if he can settle a million humans on Mars - Fortune - June 24th, 2026 [June 24th, 2026]
- Elon Musk told Trump he was freaking out over the US's chip vulnerability in Taiwan: new book - Business Insider - June 24th, 2026 [June 24th, 2026]
- Elon Musk Gives A Nod As Nvidia Argues AI Data Centers Aren't The Water Drain Many Believe: 'Numbers May Surprise You' - Yahoo Finance UK - June 24th, 2026 [June 24th, 2026]
- Elon Musk says Americans get the living daylights taxed out of us. Here's how he avoids taxes to hold onto his wealth - Yahoo Finance - June 24th, 2026 [June 24th, 2026]
- SpaceX Will Swallow Nearly the Entire U.S. Economy, According to Elon Musk - The Globe and Mail - June 24th, 2026 [June 24th, 2026]
- Is Elon Musk and the private sector the answer to solving world hunger? - KTAR News 92.3 FM - June 24th, 2026 [June 24th, 2026]
- Ro Khanna Dares Elon Musk To Debate DOGE On Live TV After Tech Billionaire Calls Him 'Ro The Robber' And Threatens To Sue: 'I Challenge Him' - Yahoo - June 24th, 2026 [June 24th, 2026]
- Elon Musk Is Now Richer Than His Native South AfricaAnd Wealthier Than These Countries - Yahoo Finance - June 24th, 2026 [June 24th, 2026]
- John C. Reilly rejects Elon Musk's warning about empathy: 'Empathy is a superpower' - Yahoo - June 24th, 2026 [June 24th, 2026]
- Elon Musk promises to sue lawmaker who suggested DOGE cuts led to the deaths of 4.5 million kids - Yahoo - June 24th, 2026 [June 24th, 2026]
- Beyond Elon Musk: Who benefits from the trillionaire era? - ThinkChina - June 24th, 2026 [June 24th, 2026]
- Commentary: Elon Musk is a trillionaire but the oligarchs of Congress wield more power - The Derrick - June 24th, 2026 [June 24th, 2026]
- Right After Becoming a Trillionaire, Elon Musk "Sold" 17.5 Million Tesla Shares. Here's Why This Isn't a Big Deal. - The Motley Fool - June 24th, 2026 [June 24th, 2026]
- Elon Musk Threatens To Sue Congressman Over USAID Cuts - 103weup.com - June 24th, 2026 [June 24th, 2026]
- The Internet Is Having a Field Day After Elon Musk Lost Trillionaire Status, We Should Start a GoFundMe - Parade - June 24th, 2026 [June 24th, 2026]
- The mirage of the trillionaire: Elon Musk and the power of expectation - The Hill - June 24th, 2026 [June 24th, 2026]
- Elon Musk Loses Trillionaire Status Less Than Two Weeks After Achieving the Honor - National Enquirer - June 24th, 2026 [June 24th, 2026]
- Ro Khanna: Im not going to be intimidated by Elon Musk - Modern Ghana - June 24th, 2026 [June 24th, 2026]
- Opinion | Elon Musk Is Too Rich. Weve Known That Since Plato. - The New York Times - June 22nd, 2026 [June 22nd, 2026]
- Elon Musk was my college roommate. We turned our house into a nightclub - The Times - June 22nd, 2026 [June 22nd, 2026]
- Elon Musk Just Lifted His Tesla Voting Stake to Nearly 20%. Could a SpaceX Merger Be Next? - The Motley Fool - June 22nd, 2026 [June 22nd, 2026]
- Elon Musk Just Told Investors to Be (Really) Patient With Optimus and Robotaxi - Yahoo Finance - June 22nd, 2026 [June 22nd, 2026]
- Fact check: Does Elon Musk pay the same in Social Security as a $185k-earner? - Houston Chronicle - June 22nd, 2026 [June 22nd, 2026]
- Elon Musk Just Lifted His Tesla Voting Stake to Nearly 20%. Could a SpaceX Merger Be Next? - Yahoo Finance - June 22nd, 2026 [June 22nd, 2026]
- Following SpaceX's $2 Trillion IPO, Will Dogecoin Be the Next Elon Musk-Linked Investment to Go Parabolic? - Yahoo Finance - June 22nd, 2026 [June 22nd, 2026]
- Elon Musk, The World's First Trillionaire, Holds Bitcoin And 'Some' Dogecoin 'Let That Sink In,' Says Popular Analyst - Yahoo Finance - June 22nd, 2026 [June 22nd, 2026]
- Following SpaceX's $2 Trillion IPO, Will Dogecoin Be the Next Elon Musk-Linked Investment to Go Parabolic? - The Motley Fool - June 22nd, 2026 [June 22nd, 2026]
- Walter Isaacson's biography of Elon Musk describes how one private decision kept Starlink dark near Crimea in 2022, leaving Ukrainian sea drones... - June 22nd, 2026 [June 22nd, 2026]
- Elon Musk and the rise of space capitalism - The Washington Post - June 22nd, 2026 [June 22nd, 2026]
- Elon Musk Is Now Richer Than His Native South AfricaAnd Wealthier Than These Countries - Benzinga - June 22nd, 2026 [June 22nd, 2026]
- Elon Musk Is a Trillionaire. Yes, Thats a Bad Thing. - Jacobin - June 22nd, 2026 [June 22nd, 2026]
- Elon Musk Says Bill Gates Was Embarrassingly Wrong About the Tesla Semi - Yahoo Autos - June 22nd, 2026 [June 22nd, 2026]
- Is it bad that Elon Musk has a trillion dollars? Yes, and heres why | Ingrid Robeyns - The Guardian - June 22nd, 2026 [June 22nd, 2026]
- AP delivers stellar all-formats coverage of SpaceX stock debut that turned founder Elon Musk into the worlds first trillionaire | The Associated Press... - June 22nd, 2026 [June 22nd, 2026]
- What Elon Musk's trillion means in real terms - TelegraphHerald.com - June 22nd, 2026 [June 22nd, 2026]
- Elon Musk could lose nearly $1 trillion and still be the world's richest person - Yahoo Finance - June 22nd, 2026 [June 22nd, 2026]
- Elon Musk: the making of a trillionaire - The Week - June 22nd, 2026 [June 22nd, 2026]
- Dana White reveals Elon Musk vs. Mark Zuckerberg was very real before $150 million fight collapsed - hitc.com - June 22nd, 2026 [June 22nd, 2026]
- Voices from the Arab press: Elon Musk, the world's first trillionaire - The Jerusalem Post - June 22nd, 2026 [June 22nd, 2026]
- Dem Lawmaker Calls for Elon Musk to Be Probed Over 4.5 Million Kids Possibly Sentenced to Death by DOGE Cuts - Yahoo - June 22nd, 2026 [June 22nd, 2026]
- Elon Musk could owe the same Social Security tax as someone earning $184,500 - KOCO - June 22nd, 2026 [June 22nd, 2026]
- Elon Musk and the Politics of Trillionaire Fascism - CounterPunch.org - June 22nd, 2026 [June 22nd, 2026]
- Robert Lawson: Elon Musk is a trillionaire but the oligarchs of Congress wield more power - Chicago Tribune - June 22nd, 2026 [June 22nd, 2026]
- Elon Musk Just Lifted His Tesla Voting Stake to Nearly 20%. Could a SpaceX Merger Be Next? - AOL.com - June 22nd, 2026 [June 22nd, 2026]
- Elon Musk's SpaceX Reportedly Got Same Governance Score As Putin's Russia One Day Before Its $75 Billion IPO - Benzinga - June 22nd, 2026 [June 22nd, 2026]