It's factually correct. Regardless of inferred or real motivations the legal devices in place are clear and easy to follow.
X refused to comply with court order. That would not fly in the US either.
Court issues fine and threatens further action.
X closes the office in Brazil to keep ignoring rulings.
Court gives ultimatum for obeying the order or appoint legal representative in the country.
Starlink is grouped as part of the same "economic group" and has its accounts frozen. This is the most arguable decision here so far. Still most agree it would be issued anyways but more steps were necessary for that. It's not about who owns but about who controls it.
After the end of the ultimatum period, court order the blocking of X to every ISP operating in Brazil.
Starlink shoots itself in the foot and refuses the order proving they're not as separate to X as some argue.
Next episodes to follow.
Even their tactic here is weird. "Were not gonna follow court orders until our accounts are unfrozen" instead of complying and properly appealing. They appealed using the wrong process and the judge itself wrote that it was weirdly on purpose because they admitted that they knew the right procedure but seem to want to collect bad decisions to garner sympathy