Why Verizon, AT&T, and T-Mobile Should Be Terrified of Elon Musk’s Next Move
Why Verizon, AT&T, and T-Mobile Should Be Terrified of Elon Musk’s Next Move Rich Duprey Sun, June 28, 2026 at 1:30 PM PDT 4 min read SPCX VZ T TMUS A close-up of a SpaceX sign by Sundry Photography via Adobe Stock The telecommunications industry has spent decades building towers, laying fiber, and battling for every wireless subscriber. Now the next competitive threat may not come from another carrier at all. It could arrive from orbit. According to a Financial Times report, SpaceX (SPCX) plans to launch a direct-to-consumer Starlink mobile service in the U.S., marking a shift from partnering with wireless companies to competing with them. For investors, the move isn't just about mobile phones. It highlights how SpaceX is transforming Starlink from a satellite broadband provider into a full consumer connectivity platform and one that already generates the company's profits. More News from Barchart Billionaire Mark Cuban Asks If AI 'Collapses' And Data Centers Turn...
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