Jun. 27 at 1:26 PM
$CHTR High-level discussions have taken place between executives of SpaceX (SPCX) and Charter Communications (CHTR) to form a partnership focused on launching a consumer mobile phone offering in the U.S., Bloomberg News reported, citing people familiar with the matter.
A potential deal will pave the way for Elon Musk’s rocket and AI company to transfer some of its phone traffic through Charter’s (CHTR) ground-based internet infrastructure, the people said, requesting anonymity as they are not authorized to disclose the details of private talks.
SpaceX (SPCX) generates the lion’s share of profits from its Starlink home internet service. Starlink Mobile service currently offers text messages and internet-based calls for
$10 a month via T-Mobile (TMUS).
