SpaceX's Starlink Mobile Plans

AT&T, Verizon, and T-Mobile, and it's targeting one of the biggest

frustrations for cellphone users, dead zones.

Well, SpaceX is buying wireless spectrum

licenses that could help transform

Starlink Mobile from a satellite backup into a major nationwide

wireless carrier. The company says the low band spectrum

could help

signals penetrate walls and reach customers inside buildings where

satellite

connections can struggle. The company addressed the announcement

saying, quote,

"This prime low band spectrum addresses one of the key remaining

technical gaps that will pave the way for Starlink Mobile to become a major

mobile carrier in the US." And it's not just about better reception.

The FCC has approved SpaceX requests to launch up to

15,000 satellites dedicated to mobile service, potentially

giving the company a massive new network in the sky.

But not everyone is excited about the news, as now rival carrier stock

prices took a tumble. AT&T, Verizon down, and

T-Mobile stocks are all down 6% following the news, while

SpaceX stock, well, it is up 3%. But Musk's cellphone

ambitions are far from a done deal.

SpaceX still needs regulatory approval, and Verizon says it won't give up

its turf without a fight. It told Fox Business, quote, "Satellite

is a

complement to, to, to traditional terrestrial networks.

Acquisition of spectrum alone does not provide the network or

infrastructure to offer true nationwide coverage or to compete with

mobile providers. A company can have billions of dollars of

spectrum, but

without the network to use it, it's just empty airwaves."

I mean, Rosanna, this is interesting because I go through these

dead zones.

I'm on, like, calls with producers, and then our calls just drop.

Like, and to solve this would be amazing.

I hate this. Can you hear me now? Wait.

And you're walking around and everybody's looking at you like you

have two heads.

Yes.

Listen, Elon has disrupted the car business.

He's disrupted the space business.

If he can figure out these dropped calls and lower my bills, I'm

all in. New Yorkers, we have a lot of dead zones, so I...

If he can fix the problem, he's got my vote.

I mean, and Elon Musk, Tommie, like he has brought Starlink into war

zones.

It, it is remarkable what this man has

accomplished.

I have a long list, but that is just one-