SpaceX (SPCX) Stock: Building a Standalone Mobile Network May Require $130B Investment

SpaceX stock gains as Bernstein maintains bullish outlook

SpaceX stock SPCX gained on Monday after Bernstein SocGen Group reiterated its Outperform rating and $248 price target, while highlighting uncertainty around the company's direct-to-device mobile business. Bernstein remains positive on SpaceX's broader opportunities, including launch services, orbital data centers and Starlink broadband for consumer, enterprise and government customers. The firm said these businesses support its positive outlook…

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SpaceX (SPCX) Stock: Building a Standalone Mobile Network May Require $130B Investment

SpaceX (SPCX) stock gains attention as Bernstein projects $50B-$130B needed for standalone mobile network, though partnerships appear more probable. The post SpaceX (SPCX) Stock: Building a Standalone Mobile Network May Require $130B Investment appeared first on Blockonomi.

SpaceX (SPCX) Stock: Bernstein Says Standalone Mobile Network Could Cost Up to $130B

TLDR Bernstein analysts estimate SpaceX could need $50B to $130B to build a standalone terrestrial mobile network, including spectrum costs. The base case scenario is a “National” network build costing around $70B with 57,000 macro sites over roughly eight years. SpaceX plans to begin Starship...