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SpaceX pushes to build terrestrial cellular network

The Motley Fool +3 · ·by G4L

NVDA NVIDIA Corp
$178.67 -4.27%
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  1. 1SpaceX has spent billions of dollars to secure spectrum.
  2. 2SpaceX signed a multi-year agreement with Qualcomm to build a 5G network.
  3. 3The estimated long-term opportunity value of Starlink is approximately $1.6 trillion.

So what's the key point?

SpaceX is spending large amounts of money and signing deals with Qualcomm to create a communication network. A big opportunity has emerged, with the future value of Starlink reaching $1.6 trillion.

Source The Motley Fool +3 · View original ↗

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