SpaceX could capture 13% of US wireless market by 2036: Pivotal

by@SeekingAlpha

Summary

SpaceX is projected to capture 13% of the U.S. wireless market by 2036, according to analysts at Pivotal. This forecast follows SpaceX's agreement to acquire a portfolio of low-band 800 MHz spectrum licenses, which will enhance indoor coverage for its Starlink Mobile service. Additionally, the FCC has approved SpaceX's plans for a new constellation of satellites designed for direct-to-device mobile service, positioning the company to compete against established wireless carriers throughout the United States.

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$SPCX

Analysis

SpaceX: SpaceX is an aerospace and satellite communications company operating the Starlink constellation for global broadband and direct-to-device connectivity. It is actively developing Starlink Mobile to deliver cellular service through a hybrid satellite-terrestrial network. Recent spectrum acquisitions support its push to compete as a full-scale U.S. wireless provider. `json { "Regulatory Progress": "The FCC has approved SpaceX plans for a next-generation constellation of thousands of satellites optimized for direct-to-device mobile service.", "Competitive Positioning": "SpaceX intends to combine its satellite holdings with terrestrial infrastructure to challenge established wireless carriers across the United States." } `

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