Musk vows affordable Starlink in India days before Ambani's record Jio IPO

Business Recorder • Oct 11, 2026

BENGALURU: Elon Musk said he would price Starlink’s satellite internet service affordably in India to take on Mukesh Ambani’s low-cost Reliance Jio, ​escalating his attacks on the rival billionaire days before Jio’s parent ‌launches India’s largest-ever IPO....

BENGALURU: Elon Musk said he would price Starlink’s satellite internet service affordably in India to take on Mukesh Ambani’s low-cost Reliance Jio, ​escalating his attacks on the rival billionaire days before Jio’s parent ‌launches India’s largest-ever IPO. Jio Platforms, which owns the telecom arm, is targeting a valuation of $106 billion in the offering. Much like SpaceX-owned Starlink, Jio’s own satellite ventur...