In late March 2026, Elon Musk's SpaceX reportedly filed its initial public offering (IPO) application with the U.S. Securities and Exchange Commission (SEC). This is not only a milestone in the commercial space industry, but could also become the largest IPO in U.S. history. From reusable rockets to Starlink internet, from space tourism to deep space exploration, SpaceX's listing is redefining the valuation logic and industry landscape of global commercial spaceflight.
*Based on publicly available market information, the final details are subject to the actual issuance.
*Based on publicly available market information, the final details are subject to the actual issuance.
$SpaceX(SPCX)$ is taking Starlink beyond satellite internet and deeper into mobile communications, raising concerns about intensifying competition for traditional U.S. wireless carriers. The company plans to use newly acquired wireless spectrum to develop a terrestrial mobile network, potentially putting it in more direct competition with $T-Mobile US(TMUS)$, $Verizon(VZ)$ and $AT&T Inc(T)$. However, $Bank of America(BAC)$ sees a more nuanced picture. SpaceX's expansion could create opportunities for T
I’m choosing D — satellite + terrestrial networks eventually become one integrated ecosystem. I don’t think $SpaceX(SPCX)$ needs to completely replace traditional carriers; its biggest advantage is combining Starlink’s satellite coverage with existing terrestrial infrastructure. This could actually create opportunities for carriers and tower operators while allowing SpaceX to scale faster and more efficiently. In the long run, I see cooperation and integration becoming more important than outright competition. For investors, I’d watch how SpaceX uses its spectrum and whether it starts partnering with existing infrastructure providers. That could be the biggest clue to who ultimately captures the value.
I’d choose D — satellite and terrestrial networks will eventually merge into one integrated ecosystem. SpaceX certainly has the technology to disrupt wireless communications, but building a nationwide terrestrial network is vastly different from providing satellite coverage. Urban density, indoor connectivity, capacity, mobility and fiber infrastructure remain difficult challenges. That is why I don’t see T-Mobile, Verizon and AT&T as immediate casualties. More likely, SpaceX will combine Starlink satellites, its newly acquired spectrum and existing terrestrial infrastructure through partnerships, tower leases and network sharing. Ironically, the biggest beneficiaries may be companies that help build the network. The real opportunity isn’t simply SpaceX versus telecom—it’s the converg
spaceX I don't buy. I'm more of a down to earth person
Investing involves risks. Tiger Brokers makes no guarantees regarding the accuracy, completeness, or timeliness of its information, and such information does not constitute any investment advice or opinion. Investors should consider their own risk tolerance before investing; please refer to the relevant risk disclosures for details.