SpaceX reportedly plans Starlink mobile service for US consumers

SpaceX Corp (NASDAQ:SPCX) is considering launching a Starlink-branded mobile phone service in the United States, according to a Financial Times report published on Friday, potentially expanding the company's role in the telecommunications market.

The report cited comments from SpaceX President Gwynne Shotwell during a recent investor roadshow, where she reportedly discussed plans for a direct-to-consumer wireless offering and the possibility of building a terrestrial mobile network in the US.

SpaceX currently works with T-Mobile to provide direct-to-cell satellite connectivity aimed at extending coverage to remote areas. A standalone mobile service would place the Elon Musk-led company in more direct competition with established wireless carriers including Verizon, AT&T and T-Mobile.

According to the Financial Times, SpaceX has told investors that a retail Starlink mobile product could allow the company to capture a larger share of customer revenue by combining satellite capabilities with terrestrial wireless infrastructure.

The company strengthened its wireless spectrum holdings through acquisitions of EchoStar licenses totaling about $19.6 billion, including a roughly $17 billion purchase in September 2025 and an additional $2.6 billion transaction in November.

Starlink has more than 10 million subscribers worldwide and has become a key contributor to SpaceX's record valuation.

Shares of SpaceX traded hands at $153 on Friday, after debuting at $135 per share on June 12.