Data-Wave

Musk's SpaceX targets US consumers with Starlink mobile service push, FT reports

Musk's SpaceX targets US consumers with Starlink mobile service push, FT reports

SpaceX has told investors it plans to launch a Starlink mobile service for U.S. ​consumers, the Financial Times reported on Friday, in ‌a move that could allow the Elon Musk-led company to compete directly with Verizon.

*SpaceX already ​offers direct-to-cell connectivity with T-Mobile in the U.S., ​providing supplemental coverage from space to extend internet ⁠access to remote areas.

*SpaceX is now considering launching ​a Starlink retail product and could build its own terrestrial ​U.S. mobile network, President Gwynne Shotwell told investors during a recent IPO roadshow, the FT report said, citing sources.

*Reuters could not ​immediately verify the report. SpaceX did not immediately respond ​to a Reuters request for comment outside regular business hours.

*In September ‌last ⁠year, SpaceX bought wireless spectrum licenses from EchoStar for its Starlink satellite network for about $17 billion and then again for $2.6 billion in November, giving it the ability to ​quickly create a ​strong and ⁠affordable direct-to-cell service by using EchoStar's wireless airwaves.

*SpaceX will disrupt the $1.6 trillion U.S. communications industry ​as its satellite broadband unit Starlink expands, ​brokerage ⁠firm Oppenheimer said in a note earlier this month.

*SpaceX's record valuation is grounded in Starlink, which has over 10 ⁠million ​subscribers, and a launch business that ​analysts and investors say has transformed access to orbit. (Reuters, 2026-06-26)