Elon Musk's SpaceX plans to enter the US mobile communications market with its own Starlink service and directly compete with the country's largest operators. This is reported by UNN citing the Financial Times.
Details
According to the publication, SpaceX President and Chief Operating Officer Gwynne Shotwell told investors during meetings that the company is considering launching a retail Starlink mobile service for consumers in the US, as well as the possibility of creating its own terrestrial mobile network.
SpaceX shares fluctuate near the $2 trillion mark after a three-day rout23.06.26, 17:02
Currently, SpaceX cooperates with telecommunications companies, including T-Mobile, providing them with access to its satellite network. However, the new project will allow the company to independently sell mobile contracts to customers.
Analysts note that implementing such a project will require significant investment and the development of its own infrastructure, but if successful, SpaceX will be able to significantly expand its revenue sources and reduce its dependence on mobile operator partners.
SpaceX is laying the Starpipe gas pipeline to accelerate Starship rocket launches26.06.26, 06:16