SPACEX LOOKS TO COMPETE WITH THE CARRIERS

Summary from the TLDR newsletter

SpaceX has been hunting for a spectrum that works well in cities and dense areas for its wireless network. It is considering buying competitors to acquire the spectrum or competing at a government auction set for next year. The company has expressed interest in building its own terrestrial networks and has demonstrated a prototype mobile handset to some investors. Entering into the mobile market is capital intensive, so SpaceX could ultimately choose not to follow through on these plans.