Elon Musk’s SpaceX Needs at Least €200 Billion to Challenge US Telecom Giants, Says Deutsche Telekom CEO Tim Höttges: ‘Welcome to the Party’
Deutsche Telekom CEO says SpaceX needs at least $200B to challenge U.S. carriers as Starlink Mobile targets a 2027 rollout.
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Why It Matters
SpaceX's Starlink wants to offer phone service by 2027. The Deutsche Telekom boss says it will need huge money to compete with existing phone companies.
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