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SpaceX to partner with Qualcomm to build Starlink mobile network

CNBC +8 · ·by G4L

QCOM Qualcomm Inc
$171.56 +3.72%
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SPCX +5.81% VZ +0.81% T +0.79% TMUS +4.11% ECHO +6.94%
  1. 1SpaceX announced a contract with Qualcomm to provide network technology for Starlink mobile services.
  2. 2Starlink, which accounted for 85% of SpaceX's third-quarter operating profit, will begin building a terrestrial network next year.
  3. 3SpaceX, which has a corporate value of approximately 2 trillion, will use Qualcomm's Dragonwing infrastructure.

So what's the key point?

SpaceX has teamed up with Qualcomm to create Starlink mobile services. SpaceX, which has a corporate value of 2 trillion, is set to build a new communication network.

Source CNBC +8 · View original ↗

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