SpaceX's Starlink satellite internet service is accelerating user growth as the company moves closer to a potential public market debut, according to a new report. The development signals renewed investor interest in the broadband division, which has emerged as one of SpaceX's most commercially viable units alongside its launch business. Starlink operates a low-earth-orbit constellation that delivers broadband to underserved and remote regions, giving it a structurally differentiated market position relative to terrestrial ISPs. Accelerating subscriber additions would strengthen the unit's standalone valuation case ahead of any IPO or listing event. Analysts and institutional investors have long viewed a Starlink separation or public offering as a key liquidity event for SpaceX's private backers. A formal timeline, pricing range, or listing venue has not been confirmed by the company, so the near-term watch point is whether SpaceX provides any official guidance on structure or sequencing of a potential offering.
Flipkart will launch a food delivery pilot in Bengaluru by mid-August, charging restaurants a 10-11% commission compared to the 25-35% levied by Swiggy and Zomato. The move targets growing restaurant discontent with incumbent platforms and aims to drive daily engagement across Flipkart's 500 million registered users.
Maruti Suzuki crossed two lakh domestic units in July 2026 for the first time, recording 42.4% year-on-year growth. Total sales including exports and OEM supplies reached 2,41,421 units, with all passenger vehicle segments posting gains.
Air India's net loss more than doubled to ₹22,238 crore in FY26, prompting Tata Sons chairman N Chandrasekaran to extend the Vihaan.AI turnaround timeline from five years to as long as a decade.
UpGrad's all-stock acquisition of Unacademy, valued at Rs 1,955 crore, is set to close within three weeks after CCI clearance and near-complete investor sign-offs. The deal combines upGrad's upskilling business with Unacademy's test prep and medical education platforms, with Gaurav Munjal staying on as CEO.
