Starlink rivalry may cut Ambani's profits: Musk
India, Oct. 12 -- SpaceX CEO Elon Musk has argued that allowing Starlink to operate in India would benefit ordinary consumers through greater choice, even if it reduced Reliance Industries chairman Mukesh Ambani's profits. In a post on X over the weekend, Musk criticised what he described as contradictory arguments from Ambani's supporters about the satellite internet service's potential impact on the Indian market.
"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! This is absurd hypocrisy and hyperbole," Musk wrote.
He added that competition "would...
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