Elon Musk says Mukesh Ambani has "de facto monopoly" as Starlink seeks India broadband

Elon Musk is publicly criticizing Mukesh Ambani as SpaceX’s Starlink pursues satellite broadband service in India. In posts on X, Musk said Starlink’s Indian pricing must be affordable or customers would not subscribe, and argued that more competition would give Indian consumers choices while cutting Ambani’s earnings without forcing him to close. Musk also disputed claims from Ambani supporters that Starlink could not rival Reliance Jio on price yet would still be a strong competitor, calling the arguments contradictory. Reliance has not publicly replied. The dispute comes before Jio Platforms’ expected record IPO, while the government says India licenses satellite services fairly; Starlink, Jio Satcom and Eutelsat OneWeb have approvals, and Amazon’s Project Kuiper has shown interest.