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'Ambani’s Profits Will Be Lower': Elon Musk Fires Fresh Salvo over Starlink’s India Entry
Musk said Starlink must keep prices low to win Indian customers as regulators complete security and spectrum approvals for three licensed satellite operators.
- On Sunday, Elon Musk renewed his attack on Reliance Industries Chairman Mukesh Ambani, accusing the billionaire's supporters of "absurd hypocrisy and hyperbole" over Starlink's delayed entry into India's satellite internet market.
- Musk challenged claims that Starlink cannot compete with the "amazing low prices offered by Ambani's de facto monopoly in India" while simultaneously being portrayed as a serious threat, calling such contradictory arguments "ridiculous."
- On Saturday, Musk shared reports alleging a Reliance-linked firm donated Rs 385 crore to the BJP and sarcastically addressed Ambani as "Prime Minister Ambani" to highlight concerns over his alleged political influence.
- Union Communications Minister Jyotiraditya Scindia rejected monopoly allegations, maintaining the authorization framework is "fair and non-discriminatory" and that suggestions of selective application are "baseless and misconceived."
- While Starlink, Reliance Jio, and Eutelsat OneWeb hold licenses, none can begin commercial operations until completing mandatory security assessments and finalizing the administrative pricing framework for satellite spectrum assignment.
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Musk promises an available Starlink in India - who he wants to bypass Elon <p>Musk plans to make Starlink available in India to compete with Reliance Jio. Jio Platforms expects $106 billion valuation before IPOs.</p>
·Kyiv, Ukraine
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Musk vows affordable Starlink in India days before Ambani’s record Jio IPO
By Munsif Vengattil BENGALURU, Oct 11 (Reuters) - 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...
Coverage Details
Total News Sources22
Leaning Left3Leaning Right7Center3Last UpdatedBias Distribution54% Right
Bias Distribution
- 54% of the sources lean Right
54% Right
L 23%
C 23%
R 54%
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