{"id":923085,"date":"2026-10-10T13:34:16","date_gmt":"2026-10-10T13:34:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/923085\/"},"modified":"2026-10-10T13:34:16","modified_gmt":"2026-10-10T13:34:16","slug":"elon-musk-takes-on-the-tycoon-building-a-10-billion-rival-to-starlink","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/923085\/","title":{"rendered":"Elon Musk Takes On the Tycoon Building a $10 Billion Rival to Starlink"},"content":{"rendered":"

\"Elon<\/a> Elon Musk, whose DOGE used ChatGPT to flag a museum HVAC grant as DEI. Photo by BeInCrypto <\/p>\n

Elon Musk is fighting for entry into one of the world’s biggest internet markets, against the billionaire whose Jio network connects more than 520 million Indians. <\/p>\n

On Friday, Musk mocked Mukesh Ambani as India’s “real boss” for keeping out Starlink, SpaceX’s satellite internet service. Meanwhile, Ambani’s Jio is building its own version. <\/p>\n

Musk’s Mock Letter to “Prime Minister Ambani” <\/p>\n

Ambani holds no government office. He chairs Reliance Industries, which owns Jio. Forbes puts his fortune at $86.3 billion on its latest India rich list. <\/p>\n

Musk addressed him as prime minister anyway, apologizing for not realizing Ambani was “the real boss of India.” <\/p>\n

“Naturally, you would prefer to maintain your monopolistic exploitation of the great people of India, but would you nonetheless consider allowing Starlink to compete?” said Musk. <\/p>\n

Inside Jio’s $10 Billion Plan to Rival Starlink <\/p>\n

Jio plans a network of about 1,600 satellites. Industry experts put the cost at $10 billion to $15 billion, Business Today reported. <\/p>\n

On paper, it is bigger. Jio’s design targets up to 5 terabits per second of capacity over India. Starlink is approved for 600 gigabits, according to Business Standard. That is roughly eight times more. <\/p>\n

But Jio’s network is years away. Its first test flight is targeted for September 2027, with all 1,600 satellites by 2035, Angel One reported. <\/p>\n

Jio also signed a deal in March 2025 to sell Starlink kits once India approves the service. <\/p>\n

Who Is Actually Holding Starlink Back? <\/p>\n

Starlink won its Indian licence in June 2025. However, it still needs Home Ministry security clearance, then airwaves from the government. Jio’s satellite arm waits at the same two steps. <\/p>\n

The government called claims of unfair treatment “baseless and misconceived,” Business Standard reported. <\/p>\n

“India does not allow a monopoly in any sector,” said Telecom Minister Jyotiraditya Scindia <\/p>\n

Starlink says it has already built 20 ground stations in India. Jio’s first test flight is still 11 months away. <\/p>\n

Read the Original story Elon Musk Takes On the Tycoon Building a $10 Billion Rival to Starlink<\/a> by Lockridge Okoth at beincrypto.com<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"Elon Musk, whose DOGE used ChatGPT to flag a museum HVAC grant as DEI. Photo by BeInCrypto Elon…\n","protected":false},"author":2,"featured_media":923086,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[1778,64,63,99,174,164,186,10346,5476,21130,10347,1603,21131,8792,184,5482,1003,1793,128,285,5473,10348,10349,2004,21132,4961,21133],"class_list":["post-923085","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-401k","tag-au","tag-australia","tag-business","tag-business-news","tag-economy","tag-finance","tag-financial-information","tag-investing","tag-investment-tools","tag-investor","tag-market-news","tag-mortgage","tag-mutual-funds","tag-personal-finance","tag-quote","tag-real-estate","tag-retirement","tag-science","tag-space","tag-stock","tag-stock-research","tag-stock-valuation","tag-stocks","tag-suze-orman","tag-tax","tag-track-portfolio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/923085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=923085"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/923085\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/923086"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=923085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=923085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=923085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}