SpaceX Q2 beats expectations; targets US cellular entry

SpaceX’s president and COO, Gwynne Shotwell, told analysts during the company’s Q2 earnings call that the business will turn into a fully-fledged mobile telco, and will hit the ‘Big Three’ (Verizon, AT&T and T-Mobile) in the process. These three make roughly $600 billion (€520bn) a year, and Starlink sees that market as ripe for picking.