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Barchart
Barchart
Sristi Suman Jayaswal

Apple Is Going Head-to-Head With Elon Musk’s SpaceX. Should You Buy or Sell AAPL Stock as the Battle Rages On?

Apple Elon Musk SpaceX AAPL United States GlobalStar Starlink

For years, mobile connectivity had one fatal flaw. Dead zones. Now, Tim Cook’s Apple (AAPL) and Elon Musk’s SpaceX are racing to fix it from space. Apple, through investment in satellite operator Globalstar (GSAT), is fortifying its satellite communication prowess, ensuring seamless iPhone connectivity worldwide. Meanwhile, SpaceX, with Starlink’s vast satellite fleet, aims to dominate orbital cellphone coverage.

At the heart of their clash lies spectrum rights, the limited airwaves needed to power these networks. SpaceX has maneuvered to obstruct Apple’s expansion, while Apple has meticulously dictated how Starlink integrates with iPhones. Their feud extends beyond orbit, echoing past disputes over talent poaching and Musk’s veiled threats of launching a rival smartphone.

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