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SpaceX moves toward a wireless business to challenge the big US telecom carriers

By ChordNews · First written

Elon Musk opens the door for a big SpaceX acquisition
Image: marketwatch.com
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Summary

SpaceX, the rocket and satellite-internet company led by Elon Musk, is looking to challenge the telecom giants. MarketWatch reports that Musk has opened the door to a big SpaceX acquisition. The Verge reports that SpaceX has declared Starlink Mobile will become a major mobile carrier, that it has already deployed thousands of direct-to-cell satellites, and that its next big challenge is building out a 5G network on Earth. The Verge also says SpaceX has inked a deal as part of its plans to rival AT&T, Verizon and T-Mobile.

This continues an earlier story: SpaceX reportedly eyes Boost Mobile purchase to enter the wireless market

Timeline

  1. MarketWatch

    Source ↗

    MarketWatch reports that Elon Musk has opened the door to a big SpaceX acquisition, as the rocket and satellite-internet company looks to challenge telecom giants.

  2. The Verge

    Source ↗

    The Verge reports that SpaceX has declared Starlink Mobile will become a major mobile carrier, has already deployed thousands of direct-to-cell satellites, and has inked a deal as part of its plans to rival AT&T, Verizon and T-Mobile.

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