A proposed regulatory change would allow Elon Musk’s satellite company and others like it to get a license without having to sell shares to Black South Africans.

What happens when billionaires influence national policy? Following a pivotal White House meeting, Elon Musk's Starlink satellite venture is on the brink of regulatory changes in South Africa.

Elon Musk will attend Wednesday's meeting between President Trump and South African President Cyril Ramaphosa, according to South Africa's presidency. The big picture: Musk, who has led an upheaval of the federal government under Trump, was born in South Africa and has been an open critic of its government.