Musk is already involved in the carrier business through his company SpaceX’s partnership with T-Mobile. SpaceX relies on T-Mobile’s mid-band PCS spectrum to bring connectivity to areas with no terrestrial towers using its Starlink satellites. That calculus has somewhat changed because SpaceX has agreed to buy spectrum from EchoStar for nearly $17 billion.
So the phones that are able to use the spectrum that was acquired probably start shipping in around two years. And then we also need to build the satellites that are going to communicate on those frequencies. So in parallel, we’re building the satellites and working with the handset makers to add these frequencies to the phones.
–Elon Musk, SpaceX CEO, September 2025
To be clear, we’re not going to put the other carriers out of business. They’re still going to be around because they own a lot of spectrum.
–Elon Musk, SpaceX CEO, September 2025
Not out of the question, I suppose, if that may happen.
–Elon Musk, SpaceX CEO, September 2025
Verizon is one of the biggest carriers in the US and is in great financial shape. It’s not up for sale, but it’s still interesting to see Musk alluding to his intentions of assuming a bigger role in the smartphone market.
For now, the company remains committed to working with telecom companies. According to one report, SpaceX may even lease some of the spectrum rights to T-Mobile.


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