Elon Musk Explores SpaceX Deal to Enter U.S. Wireless Phone Market: Report
The deal could give SpaceX millions of customers and access to ground infrastructure as it builds Starlink Mobile, a hybrid satellite-terrestrial service.
- On Monday, The Washington Post reported that SpaceX is in negotiations to acquire EchoStar's Boost Mobile or secure access to its network, potentially granting the company entry into the U.S. wireless market.
- Elon Musk previously approached major wireless carriers AT&T, T-Mobile, and Verizon for network access, but all three rejected his request, prompting him to pursue an arrangement with EchoStar.
- Equity research firm MoffettNathanson estimates the U.S. wireless market is worth $235 billion, a sector where Boost Mobile and Gen Mobile reported 7.375 million subscribers as of June 30, 2026.
- EchoStar shares rose around 4% following the report, though potential hurdles remain as network leases likely require permission from AT&T and T-Mobile to transfer.
- SpaceX recently acquired a nationwide 800 MHz spectrum portfolio from Grain Management for around $8 billion to support Starlink Mobile, Musk's hybrid satellite-terrestrial network aimed at challenging wireless giants.
72 Articles
72 Articles
Elon Musk's next target: A major shake-up of America's wireless market
Elon Musk is looking to shake up America's wireless industry, potentially bringing the first major new competitive threat in years to a business dominated by three companies.Why it matters: The cellular industry has seen enormous technological change, but relatively little disruption to its competitive structure. Musk has the money, spectrum and satellite network to attempt something different — though he faces daunting obstacles.Driving the new…
SpaceX looking to buy Boost Mobile?
SpaceX is looking to cement its ambitions to be the fourth cellular carrier in the US by acquiring Boost Mobile, currently owned by Charlie Ergen’s EchoStar. Elon Musk has already moved forward with his Starlink Mobile plan by looking at acquiring access to distribution wireless towers and suggesting that every Starlink installation could become a […]
SpaceX Reportedly Wants to Buy Boost Mobile: A Starlink Play or a Phone Play?
SpaceX's reported talks to buy Boost Mobile aren't really about Boost's 7.4 million customers. You'll see why the prize is network access that AT&T may have to approve, how Starlink's profits shape the phone question, and why we think the deal makes a SpaceX-branded phone less likely before 2028.
Elon Musk Seeks Boost Mobile Deal to Advance SpaceX's Wireless and Mars Ambitions
Elon Musk wants to turn SpaceX into a major cellphone carrier, generating another enormous revenue stream while advancing the satellite connectivity technology he'll eventually need for his planned human settlement on Mars.
Elon Musk wants to take on Verizon, AT&T, and T-Mobile. He may have found a way
If he can’t build it, he’ll buy it. The world’s richest man commands electric vehicles, spacecraft, a fleet of satellites for an internet network, robots, an AI tool, a social media platform, and more. Now Elon Musk is eyeing wireless phone service. SpaceX, the parent company of various Musk ventures including Starlink, is reportedly in talks to acquire low-cost carrier Boost Mobile—or at the very least, gain access to its network—according to r…
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