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Musk Promises Affordable Starlink in India

Elon Musk has said Starlink will be affordable in India. The statement came days before Reliance's Jio is set to hold a record IPO, which has drawn attention to both companies.

Context

Starlink is a satellite internet service that can reach remote areas without mobile towers. Jio is owned by Mukesh Ambani's Reliance group and is one of India's largest telecom firms, so an IPO is a share sale to the public.

Reuters
Burning Potato score: 23%

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