Verizon CEO Says SpaceX Would Need $500B to Compete in US Wireless

Verizon CEO says SpaceX would need $500B to compete in US wireless

Verizon CEO Dan Schulman said SpaceX would need up to $500B, up to 80,000 cell towers and as many as eight years to build a US mobile network that matches Verizon’s, Business Insider reported. Elon Musk replied on X that it “will take 2 or 3 years“. SpaceX would need up to $500B and as […] This story continues at The Next Web

Verizon says SpaceX needs up to 8 years and a half trillion dollars to compete in wireless

Verizon's CEO said he's assuming SpaceX will flawlessly execute its US ambitions, but those goals will require massive capital commitments.

Verizon: SpaceX Needs 4-6 Years to Build US Carrier Business

Verizon CEO Dan Schulman also predicts that SpaceX's Starlink Mobile will lag behind competitors and attract only enough customers to become the sixth-largest carrier in the US.