Veytics Intelligence
2026-10-11 · Seekingalpha

Musk promises affordable Starlink service in India as Reliance Jio preps $106B IPO

[President Trump Speaks At Golden Age Of American Innovation Summit] Win McNamee/Getty Images News Elon Musk pledged to make SpaceX's (SPCX [https://seekingalpha.com/symbol/SPCX]) Starlink satellite internet service affordable in India, setting up a potential price war with billionaire Mukesh Ambani's Reliance Jio just days before its parent company prepares for what could be the country's largest initial public offering. Jio Platforms, which owns India's leading telecommunications provider, is seeking a valuation of approximately $106 billion in its IPO. The offering comes as SpaceX (SPCX [https://seekingalpha.

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