Verizon says SpaceX needs up to 8 years and a half trillion dollars to compete in wireless

Source: Business Insider

Verizon's CEO says SpaceX's Starlink faces some significant technical and financial hurdles to compete at scale in the US. Zamek/GVN/VIEW press/Corbis via Getty ImagesVerizon's CEO says he assumes SpaceX will flawlessly execute its US ambitions — but he's not worried. In order for Starlink to compete, it will still need a lot of land-based infrastructure.