Ambani's Reliance welcomes Starlink competition in first response to Musk
Reliance Industries has publicly welcomed competition from Elon Musk's Starlink in the Indian satellite internet market, marking its first response to recent criticisms from Musk. The statement comes as Reliance prepares for a record-breaking $108 billion IPO for its Jio Platforms unit, while noting that its own satellite services are currently awaiting regulatory clearances.
Why it matters
The public exchange highlights a high-stakes battle for dominance in India's massive internet market, pitting the country's largest telecom operator against a global tech giant ahead of a historic financial event.
Ambani's Reliance welcomes Starlink competition in first response to Musk left Representational image Reuters Reuters https://th-i.thgim.com/public/incoming/c4lt5t/article71591122.ece/alternates/FREE_1200/2026-10-05T074945Z_960947327_RC21BKAIY0V5_RTRMADP_3_RELIANCE-JIO-IPO.JPG FRANCIS MASCARENHAS FILE PHOTO: A man walks past Reliance Industries Jio telecoms logo on a street in Mumbai, India, March 24, 2026. REUTERS/Francis Mascarenhas/File Photo "Jio's own satellite services await clearances," Reliance said on October 16, 2026 Mukesh Ambani's Reliance Industries said it welcomed competition from Elon Musk's Starlink in India's satellite internet market, its first public response to a week of attacks by Mr. Musk, days before its Jio Platforms unit opens a record $108 billion IPO.
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