Global marketsUpdated November 5

Deutsche Telekom CEO says SpaceX’s carrier push could cost at least $200 billion

Höttges wasn’t dismissing SpaceX: Deutsche Telekom’s CEO said he takes the company seriously. But he estimated that making Starlink Mobile a major U.S. carrier could cost at least $200 billion. His comparison made the scale plain: SpaceX has bought 76 MHz of spectrum, while Deutsche Telekom has 400 MHz. In Höttges’s view, getting into position on spectrum would take triple-digit billions; SpaceX would still have to build a network after that. The figure is his estimate of the undertaking, not a SpaceX budget announcement.

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Coverage started November 5