In its IPO prospectus, SpaceX said that Starlink accounted for just over 60% of its $18.7 billion in revenue last year.
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Google shares have been hammered recently as two top artificial intelligence researchers spurned the company to join OpenAI and Anthropic.
The trend is bedeviling the entire US telecom industry as the domestic cellular market reaches its final stages of maturity.
Verizon and AST first announced a partnership last year, with the telco agreeing to invest $100 million in the satellite operator.
EchoStar’s 5G ambitions go back to 2019, and are the byproduct of another major telecom deal: T-Mobile’s acquisition of Sprint.
Samsung’s new phones hit shelves later this month, days after Chinese rival Honor launched its new folding phone.
The unexpected stance appears to be an infrastructure-related exemption to regulators’ normally tough antitrust stance.