Verizon CEO puts SpaceX’s US wireless ambitions at up to $500 billion

Dan Schulman estimates that matching Verizon’s US mobile network could require as many as eight years and 80,000 cell towers, according to The Next Web, citing Business Insider. Business Insider reports that his assessment assumes flawless execution by SpaceX. The Next Web reports that Elon Musk countered with a two-to-three-year timeline.

• PCMag reports that Schulman expects Starlink Mobile to become only the sixth-largest US carrier.

Covered by 4 publishers within 4 hours of the first report.

• The Next Web: Verizon CEO says SpaceX would need $500B to compete in US wireless

Reporting4

PC PCMag Verizon: SpaceX Needs 4-6 Years to Build US Carrier Business 11:54 AM

BI Business Insider Verizon says SpaceX needs up to 8 years and a half trillion dollars to compete in wireless · Dominick Reuter 12:31 PM

TNW The Next Web Verizon CEO says SpaceX would need $500B to compete in US wireless · Ana-Maria Stanciuc 2:54 PM

WCF Wccftech Elon Musk Claims SpaceX’s Starlink Mobile Will Be Fully Operational In “2 Or 3 Years,” While Verizon’s CEO Asserts It’ll Merely Be The Sixth-Largest Network In 4-6 Years And Cost $300-$500 Billion · Rohail Saleem 4:08 PM

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Topics Elon MuskSpaceX and Starlink