SpaceX Just Picked Qualcomm for Its Own 5G Network. I Still See the Stock as a Hold.

SpaceX selected Qualcomm to supply base-station chips and software for Starlink Mobile's nationwide 5G network, with tens of thousands of cell sites planned to launch in 2027. Despite this progress toward becoming a U.S. wireless carrier, analyst Daniel Sparks maintains a hold rating on SpaceX stock, noting that while the deal makes the carrier plan more concrete, it likely adds little revenue impact before 2028 and the current valuation already assumes years of fast growth.