Business

Billionaire Ambani’s Mega-IPO Faces Scrutiny

Updated 2026-10-15 00:40 UTC 1 source Neutral

Jio Platforms, the company owned by Indian billionaire Mukesh Ambani, is set to launch an IPO later this month. The move comes amid a valuation reality check following comments from Elon Musk.

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CNBC
Jio Platforms, the company at the center of Musk’s remarks, is launching an IPO later this month.
2026-10-15 00:30 UTC
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