#HSBCRaisesSpaceXTarget

SpaceX President Gwynne Shotwell just explained where Starlink Direct-to-Cell is really heading “We have a Direct-to-Cell business right now through T-Mobile. I don't think they provision all their users with it, just the people who pay the most But our plan is, instead of leveraging slices of T-Mobile spectrum or other telecom spectrum across the globe, we want to leverage the one that we paid a lot of money for With the stock increasing in price, it paid more because there was stock involved, so Charlie did all right there. He is a very loyal customer, though; he's been a customer of SpaceX for almost 20 years So we want to leverage that to make sure there are no dead zones Shockingly, there are a lot of places in the United States where without a Starlink service, you can't get cell coverage It's really terrible. The rest of the world is not that bad; it's particularly bad here in the United States”

SpaceX President Gwynne Shotwell on data centers in space: “There is an expense to put data centers on the ground. You have to buy real estate, and as soon as someone finds out a supercompute center is going in, real estate goes from $3,000 an acre to $180,000 an acre. The time lag is incredible. Permits and licensing are pretty stifling. People are talking about generators in three years.” “We need compute now. The demand is insatiable right now. People need compute now. We need it now. So why data centers in space? We own launch. We have great launch capability, and that path is very well known. The real estate in space is infinite. It’s free.” “The cooling is there. The radiator looks at deep space, the coldest thing ever out there, so free cooling. You can put satellites in orbit that always face the sun. We’ll be making our own solar panels too. We’re building a factory outside Austin.”