SpaceX Plans $19.6B Starlink Mobile Service; Verizon Sets July 24 Q2 Date
VZ•SpaceX plans a direct-to-consumer Starlink mobile service in the US, leveraging $19.6 billion of wireless spectrum licenses and 10 million Starlink subscribers to challenge Verizon’s wireless network. Verizon will report second-quarter 2026 results on July 24 via an 8:30 a.m. ET webcast as investors weigh competitive pressures from satellite-integrated offerings.
1. SpaceX Plans Starlink Mobile Service
SpaceX is considering launching a direct-to-consumer Starlink-branded mobile phone service in the US, which could combine satellite connectivity with a terrestrial network to extend coverage and capture more customer revenue. Comments from SpaceX leadership highlight plans to build a standalone wireless network, leveraging spectrum holdings acquired for $19.6 billion. The move would place SpaceX in direct competition with major carriers like Verizon.
2. Verizon Q2 Earnings Announcement
Verizon will report its second-quarter 2026 earnings on July 24 with a webcast starting at 8:30 a.m. ET, and financial tables and materials available at 7:00 a.m. ET on the company’s investor site. Investors will scrutinize revenue and subscriber metrics for signs of impact from emerging satellite-integrated mobile services.
