Musk takes fresh swipe at Ambani as Jio IPO looms

Elon Musk pledged to make Starlink affordable in India and renewed his attack on Mukesh Ambani's telecom dominance days before Jio Platforms launches a record IPO targeting a valuation of around $106 billion. India's Ministry of Communications rejected claims of discriminatory treatment, saying Starlink, Airtel and Reliance Jio are at broadly the same stage of the regulatory process.

• Jio Platforms targets a valuation of around $106 billion in India's largest-ever IPO
• Reliance Jio reported 524.4 million subscribers, including 268.5 million 5G users
• Musk accused authorities and 'certain oligarchs' of delaying Starlink's India entry
• India's Communications Ministry: Starlink, Airtel and Jio are at similar approval stages