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Elon Musk claims SpaceX could expand beyond Earth, which might raise your phone bill.

DealRead the original at Benzinga
Good for SPCX

SpaceX's spectrum deal and satellite expansion bring its planned phone service closer to reality. The spectrum deal still needs approval, and the company must prove its service works well and draws customers.

SPCX · Space Exploration Technologies Corp

AI read · Good for SPCX

The AI's read

This gives SpaceX a way to offer phone service beyond places with weak coverage. The spectrum can help signals reach indoors, and the approved satellite expansion adds support for that plan. The spectrum purchase still needs government approval, and SpaceX must prove it can offer reliable service at an appealing price.

VZ · Verizon Communications Inc.

AI read · Bad for VZ

The connection

SpaceX's planned phone service could make it harder for Verizon to keep customers or current prices. The service is not proven yet, and Verizon already has ground networks and customer relationships.

T · AT&T Inc.

AI read · Bad for T

The connection

SpaceX's planned phone service could make it harder for AT&T to keep customers or current prices. The service is not proven yet, and AT&T already has ground networks and customer relationships.

TMUS · T-Mobile US Inc.

AI read · Bad for TMUS

The connection

SpaceX's planned phone service could make it harder for T-Mobile to keep customers or current prices. The service is not proven yet, and T-Mobile already has ground networks and customer relationships.

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