Verizon CEO says SpaceX would need $500B to compete in US wireless
Verizon CEO Dan Schulman publicly assessed the scale required for SpaceX to compete in US wireless, citing substantial capital and infrastructure needs. Elon Musk countered on X, claiming the timeline could be significantly shorter, highlighting disagreement over feasibility and competitive threats.
Key points
- Verizon CEO estimates $500B+ capital needed for SpaceX wireless network
- 80,000 cell towers and 8-year timeline cited as requirements
- Musk disputes timeline, suggesting 2-3 years possible
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. The Next Web did the reporting; read the original for the full story.
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