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✉news ScienceSpace first seen 17 h ago, last 51 min ago, peak #4

Musk says SpaceX bought key piece to challenge wireless carriers

Original: Elon Musk Says SpaceX Just Bought "the Last Critical Piece" Required to Take on the Wireless Giants. Here's Why It Will Need to Spend Billions More to Compete.

Elon Musk says SpaceX has acquired what he calls the last critical piece needed to take on the big wireless carriers, positioning its Starlink satellite service as a direct competitor in mobile connectivity. Analysts note, however, that SpaceX will still need to spend billions more on satellites, spectrum and ground infrastructure before it can realistically compete with established telecom giants on price and coverage.

Why now: Musk's claim that a recent acquisition completes SpaceX's path into direct-to-cell wireless competition has sparked debate about whether Starlink can really challenge telecom giants.

Elon MuskSpaceXStarlink

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