Is Starlink About to Replace Your Phone Plan? What SpaceX's IPO Means for the Future of Broadband.

SpaceX is preparing for its IPO on Nasdaq under ticker SPCX on June 12, aiming to raise $75 billion at a $1.77 trillion valuation. Oppenheimer analysts predict SpaceX's Starlink satellite internet service will disrupt the $1.6 trillion U.S. communications industry, potentially winning market share from legacy telecom providers. The firm raised its 2035 space revenue target to $800 billion and expects 15 million U.S. Starlink broadband subscribers by 2030.