SpaceX is in talks with Vodafone Idea Ltd, an Indian telecom company, for a potential partnership to offer Starlink internet services to its customers.
Vodafone Idea's share price increased by 4.93% upon the news of the talks.
Vodafone clarified that the discussions with SpaceX are part of its routine business strategy to enhance the quality of its services and expand its telecommunication offerings.
Bharti Airtel and Jio Platforms, Vodafone's rivals in India, have already signed deals with SpaceX for Starlink services.