'Ambani won't go out of business': Musk says Starlink competition would benefit Indians
Elon Musk has publicly criticized Indian business magnate Mukesh Ambani, arguing that Starlink's entry into the Indian market would benefit consumers through increased competition. Musk dismissed claims that Starlink would destroy Ambani's business, labeling opposition to his satellite internet service as hypocritical.
Why it matters
The dispute highlights the ongoing regulatory and competitive tensions between global tech giants and established domestic monopolies in emerging markets like India.
NEW DELHI: SpaceX CEO Elon Musk on Sunday said that competition from Starlink would "benefit Indian consumers" by offering them more choices, arguing that Reliance Industries chairman Mukesh Ambani would not go out of business even if his profits declined.In a post on X, Musk criticised what he described as arguments made by Ambani’s supporters against Starlink’s entry into India, calling them “absurd hypocrisy and hyperbole”.“On the one hand, they say Starlink couldn’t possibly compete with the amazing low prices offered by Ambani’s de facto monopoly in India and then, in the same breath, they essentially claim that Starlink would be too strong of a competitor!” Musk wrote.“The reality is that competition would greatly benefit the average citizen in India by giving them more choices, as it always does.
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