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moves money The Verge October 17, 2026

SpaceX’s ambitious, expensive gamble to replace AT&T, T-Mobile, and Verizon

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Today, I’m talking with Walter Piecyk, a partner and analyst at LightShed Partners who covers tech, media, and telecom, about SpaceX’s recently announced plan to become a major wireless carrier. Last week, SpaceX agreed to buy a big chunk of low-band spectrum to expand the Starlink network, spectrum that’s been traded around the telecom business for decades now. SpaceX’s ambitious plan is to use that spectrum to help build “the world’s most advanced mobile network.” Verge subscribers, don’t forg

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