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SpaceX Files Mobile-Service Trademark
Connecting to Starlink
SpaceX has filed for a trademark to roll out its own mobile carrier.
The Big Picture: SpaceX is already the king of low Earth orbit, with thousands of its Starlink satellites beaming internet service almost anywhere in the world. So, with plenty of infrastructure already in place, the company may have what it takes to take on established carriers like AT&T, Verizon, and T-Mobile.
Behind The Signal: Starlink Mobile could be coming to a cell phone near you.
SpaceX filed a trademark application for the service on October 16th.
The new venture would cover “telecommunications services” and “two-way transmission of text, voice, and audio,” per Bloomberg.
SpaceX has already been testing cell-service capabilities, striking a deal with T-Mobile to use Starlink to cover “dead zones” in the US.
Additionally, it acquired wireless spectrum from EchoStar Corp. in a $17 billion deal, giving SpaceX greater cell-service coverage.
Closing Thoughts: SpaceX is prepping to launch an IPO at a wild $800 billion valuation next year — battling OpenAI with the biggest public offering ever. For SpaceX, the reliability of the Starlink business has been core to its revenue, so betting on mobile services using the infrastructure already in place could give the company even more power to sustain its sky-high valuation.
Next Call: Count down to Amazon launching its own mobile service using its Leo satellites. The mobile-space wars are upon us.
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Today’s email was written by David Vendrell.
Edited by Nick Comney. Polled and Copy-edited by Kait Cunniff.
Published by Darline Salazar.