Tim Cook's Apple And Elon Musk's SpaceX Engage In A Heated Battle Over Satellite Tech And App Control: Report
Benzinga (Tue, 01-Apr 3:06 AM)
The reported rivalry between Tim Cook‘s Apple Inc. (NASDAQ:AAPL) and Elon Musk‘s SpaceX is heating up over satellite technology designed to eliminate cellphone dead zones.
What Happened: Apple is pouring significant resources into satellite-based communications, while SpaceX has already launched over 550 satellites for its Starlink service. According to a report by The Wall Street Journal on Tuesday, both companies are vying for limited spectrum rights to transmit their signals, leading to increased tensions. Apple’s satellite investments have reportedly irked Musk, leading SpaceX to lobby regulators to delay an Apple-backed satellite expansion.
Apple, SpaceX did not immediately respond to Benzinga’s request for comment.
The conflict escalated when SpaceX and its partner, T-Mobile (NYSE: TMUS, approached Apple for collaboration to bring Starlink to iPhones. After intense negotiations, an agreement was reached allowing the SpaceX and T-Mobile satellite cellphone service ...
