The Zhitong Finance App learned that SpaceX (SPCX.US) is in negotiations with Echo Star Communications (ECHO.US) to acquire its wireless service brand Boost Mobile or obtain its network access rights. If the deal is successful, SpaceX will gain about 7.38 million wireless users and existing distribution platforms in one fell swoop, paving the way for it to build a hybrid satellite and terrestrial network through Starlink Mobile (Starlink Mobile) and challenge the three major US wireless operators.

The Zhitong Finance App learned that SpaceX (SPCX.US) is in negotiations with Echo Star Communications (ECHO.US) to acquire its wireless service brand Boost Mobile or obtain its network access rights. If the deal is successful, SpaceX will gain about 7.38 million wireless users and existing distribution platforms in one fell swoop, paving the way for it to build a hybrid satellite and terrestrial network through Starlink Mobile (Starlink Mobile) and challenge the three major US wireless operators.