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War of the billionaires: Ambanis take on Elon Musk. $RIGD (-0,35 %)


A super-rich billionaire family against the world's richest man: a real war has broken out between the Ambani clan from India and the US eccentric Elon Musk. And - how could it be otherwise - it's all about money.


The showdown is taking place on Earth. But just like their bank balance, the object of Mukesh Ambani and Elon Musk's desire is literally in completely different spheres - in this case, outer space. The two are currently fighting more or less publicly over parts of the broadband market in India.


https://www.morgenpost.de/panorama/article407533767/krieg-der-milliardaere-ambanis-legen-sich-mit-elon-musk-an.html

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5 Comentarios

As the saying goes, whoever has the money has the power
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@DerUnwissende
And this is already about the power of space.
It's a bit like colonialism (of space).
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I haven't read into this in depth and am just commenting from my gut. But with Modi's India-first policy and his ideological roots in the RSS, I imagine Musk could lose out.
@Ash well, when trump arrives, musk will also have a big brother at his side.
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@Ash
This is already shown by the policy that investors in India can almost only invest in companies via ADRs.
That's why I don't think Musk will be able to assert himself in India
Other large corporations have already failed here.
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