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SpaceX makes $17B move into satellite mobile service

SpaceX makes $17B move into satellite mobile service

SpaceX is placing a major bet on the mobile communications market, investing $17 billion in its Direct to Cell initiative, TechCrunch reported. The plan aims to provide satellite-based cellular connectivity directly to smartphones via Starlink satellites.

The technology will allow users to connect without relying on traditional cell towers, making it especially useful in remote and underserved areas. It turns every smartphone into a satellite phone — with no need for additional hardware.

SpaceX projects $17 billion in revenue from this venture by 2030. The company has already secured partnerships with mobile operators including T-Mobile (USA), Rogers (Canada), and Optus (Australia).

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News » Technology » SpaceX makes $17B move into satellite mobile service