SpaceX says it wants bigger piece of wireless market

SpaceX is moving beyond satellite broadband and plans to build a nationwide terrestrial mobile network that would compete more directly with AT&T, Verizon, and T-Mobile. The company says the hybrid Starlink-plus-wireless model could improve coverage by eliminating dead zones, adding capacity, and providing continuous connectivity. The news pressured telecom shares in after-hours trading as investors weighed the threat of a new, well-capitalized competitor. SpaceX’s wireless ambitions were aided by FCC approval of EchoStar spectrum license transfers, which expands its access to U.S. spectrum and strengthens its ability to launch mobile services. Overall, the article highlights a potentially disruptive shift in the U.S. wireless market, with SpaceX positioning itself as a broader communications platform rather than only a satellite internet provider.