SpaceX is expected to bid in upcoming spectrum auctions to enter the wireless phone business, according to reports. Elon Musk is targeting the cash-intensive telecommunications market dominated by established carriers.
No BS check run yet — press ⚖ to extract this story's claims and verify them against independent sources.
The company is expected to bid in upcoming spectrum auctions.
Elon Musk wants to get into the wireless phone business and he is not going to have a good time super cash-intensive business dominated by a bunch of politically powerful old money companies who very much do not want competition The company is expected to bid in upcoming spectrum auctions.