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The Latest Breaking News from Gwynne Shotwell

Elon Musk Wants Starlink To Take On T-Mobile, Verizon, AT&T—Here's Why That's Easier Said Than Done

SpaceX (NASDAQ:SPCX) President Gwynne Shotwell said on Tuesday’s earnings call that Starlink Mobile will begin service at the end of 2027, and that she expects to acquire “quite a few” customers from AT&T Inc. (NYSE:T), Verizon Communications (NYSE:VZ) and T-Mobile US (NASDAQ:TMUS).

Benzinga

T-Mobile's CEO Just Dismantled SpaceX's Starlink Mobile Ambitions as Musk's Firm Pours Billions Into Buying Spectrum: 'What's Their Differentiation?'

T-Mobile US Inc. (NASDAQ:TMUS) CEO Srini Gopalan dismissed the threat from Elon Musk’s planned Starlink Mobile service as "exaggerated," questioning why consumers would leave established carriers even as SpaceX (NASDAQ:SPCX) promises higher bandwidth, satellite coverage and a terrestrial network aimed at winning customers from T-Mobile, AT&T Inc. (NYSE:T) and Verizon…

Benzinga

SpaceX's Biggest Victim Yet? Starlink's 55-Year-Old Rival Files for Bankruptcy

SpaceX (NASDAQ:SPCX) has reshaped the satellite and space industry, and its first earnings report since going public highlighted plans to expand that disruption. One early casualty may be Hughes, the satellite internet business owned by EchoStar Corporation (NASDAQ:ECHO), which filed for Chapter 11 bankruptcy ahead of SpaceX’s report.

Benzinga

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Elon Musk Ties Tesla's Optimus to Starlink's Next Growth Phase: 'The Appetite for Bandwidth Will Be Much Greater'

Elon Musk said on Tuesday that artificial intelligence (AI), humanoid robots and autonomous vehicles will dramatically increase demand for network bandwidth, arguing the world will need far more connectivity than ever before.

Benzinga

SpaceX plans to turn Starlink into full-fledged mobile service, targets Verizon, AT&T and T-Mobile

SpaceX plans to build a terrestrial mobile service using acquired spectrum licenses. This move could challenge established wireless carriers like Verizon and AT&T. The company aims to integrate its satellite network with ground infrastructure for broader coverage. Analysts caution that building a nationwide network will require significant investment and time.…

The Economic Times

President Donald Trump cheers Gwynne Shotwell as Elon Musk’s SpaceX No. 2 gives $325M in stock to Trump Accounts

The SpaceX stock gift joins the Dells' $6.25 billion contribution to the investment accounts for children as Elon Musk hasn’t confirmed his own

Fortune

Bitcoin in Trump Accounts? Pres Says 'Something Could Happen,' Dells, SpaceX Back Billions in Donations

Trump says Bitcoin could eventually play a role in Trump Accounts as Dell and SpaceX pledge billions to expand the children's investment programme.

International Business Times UK

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SpaceX president gifts $320M in company stock to fund new Trump Accounts

Trump Accounts were launched to mark America’s 250th anniversary

The Independent UK

SpaceX president to donate company stock to Trump Accounts; Katie Miller does the '$325 million' math

SpaceX president Gwynne Shotwell announced that she and her husband will be donating company stock to the Trump Accounts of more than 2 million American children. The announcement comes days after Trump said in an interview with CNBC that he expects Elon Musk to donate SpaceX stock to the program.…

The Times of India

SpaceX's Gwynne Shotwell Pledges SpaceX Stock for 2 Million Children Through Trump Accounts

Space Exploration Technologies Corp. (NASDAQ:SPCX) President Gwynne Shotwell said she and her husband will donate SpaceX shares to "Trump Accounts" for more than 2 million American children.

Benzinga

Why odds of SpaceX merger with Tesla keep climbing every time the stock shoots up

But a giant leap for Tesla shareholders could be a rotten move for SpaceX investors.

Fortune

Meet the SpaceX insiders Elon Musk trusts to run his $2.4 trillion dollar empire

SpaceX is bigger and more complex than ever. Here's the inner circle Elon Musk relies on to run it.

Fortune

SpaceX IPO Creates New Billionaires As Elon Musk's Stake Tops $1 Trillion

SpaceX shares remain above their IPO price despite losing ground after a record-setting debut week.

International Business Times

Meet Gwynne Shotwell, the engineer-turned-COO who runs SpaceX in platform heels and is now worth over $2 billion

“I need more data than Elon does to make a decision,” Gwynne Shotwell once said.

Fortune

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Fortune

On the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’

A combined SpaceX-Tesla could be worth more than $3 trillion.

The Economic Times

SpaceX aims to launch orbital AI computing tests by end of next year

During two investor presentations ahead of the IPO, both featuring President Gwynne Shotwell and Chief Financial Officer Bret Johnsen, SpaceX executives outlined a roadmap to begin demonstrating orbital-compute capabilities in 2027, according to the two people familiar with the discussions. Both sources were at a Goldman Sachs meeting and one…

The Economic Times

Wall Street giants tout SpaceX as Musk speaks at pre-IPO investor event

Wall Street investment banks are hosting exclusive events for potential SpaceX IPO buyers, offering rare access to top executives. Elon Musk virtually addressed JPMorgan clients, citing a "massive new growth phase" requiring capital. The company's futuristic valuation and record-breaking IPO plans have generated significant investor interest.

The Economic Times

SpaceX aims for 10,000 annual launches within five years, FAA says

SpaceX plans 10,000 launches annually within five years. The FAA administrator stated improved reliability is needed for approval. SpaceX aims to deploy thousands of satellites. The FAA is working with SpaceX to accommodate future goals. The agency is reviewing launch data to understand risks. Funding for the FAA's space team…

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Benzinga

Elon Musk-Led Starlink's Direct-To-Cell Technology Now Supports Continuous Video Calls, Messaging, Data With T-Mobile Partnership

Elon Musk's satellite internet provider Starlink will now support continuous video calls, messaging and data services with its direct-to-cell technology offered to T-Mobile US Inc. (NASDAQ:TMUS) subscribers.

Benzinga

Elon Musk's SpaceX Teams With Chipmakers To Bring Starlink Directly To Smartphones: Report

Elon Musk's commercial space flight company SpaceX is reportedly collaborating with chip manufacturers to develop technology that would let smartphones directly access Starlink's satellite-based internet service.

International Business Times

Musk Defends DOGE's Social Security Reforms, Says 'I Don't Need The Money'

Elon Musk reiterated Sunday that he doesn't need to be paid for the work he was doing as the DOGE chief amid concerns about his work around social security.

Dynamite News

Jio signs deal with SpaceX Starlink internet in India; A look...

Jio is going to make Starlink solutions available through its retail outlets as well as through its online storefronts. A must read on Dynamite News:

Fortune

The top executives running Elon Musk’s space tech company

Musk is stretched pretty thin these days—this chart shows who he relies on to help run SpaceX when he is busy with other ventures.

Fortune

Elon Musk's SpaceX is still causing flight delays years after a single rocket launch disrupted 563 planes

SpaceX’s Falcon Heavy launch in 2018 caused 4,645 minutes, or more than 77 hours, of commercial flight delays.

Benzinga

Astrophysicist Neil deGrasse Tyson Dismisses Elon Musk's Mars Vision: SpaceX CEO Hits Back, Says 'They Really Don't Get It'

American astrophysicist Neil deGrasse Tyson dismissed Elon Musk's ambitions to send people to Mars, saying that unless there is a push caused by a shift in geopolitics, it will not be possible as a pure exploration project.

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