Reliance Jio Platforms, a telecom and digital powerhouse contributing nearly 80% of Jio’s $17.6 bn revenue, has postponed its 2025 IPO. The delaying decision allows Jio to deepen its market dominance—now at 488 million subscribers—as it builds digital services, AI capabilities, and prepares to challenge Elon Musk’s Starlink. While the announcement triggered a 1.8% drop in Reliance’s stock, investor confidence remains strong given $25 bn in prior funding and expanding strategic partnerships.