Billionaire and Space X CEO Elon Musk has dismissed the rumours about the launch of Starlink phone. According to the recent reports by new agency Reuters, SpaceX was releasing a phone to complement its fast-growing satellite internet business.
An X user named Mark Kretschmann shared on X that SpaceX is reportedly planning to develop a Starlink phone in order to expand its satellite business ahead of the massive IPO. Replying to his post Musk denied any such development and wrote, “We are not developing a phone”.
Musk has repeatedly expressed reluctance in the launch of Starlink phones, whereas at a recent gathering in Pennsylvania he said, “The idea of making a phone makes me want to die,” calling it a massive undertaking.
Starlink’s massive surge has become one of SpaceX’s most important revenue drivers, attracting millions of subscribers worldwide. The service offers wide-speed internet in deserted and remote areas, expanding internet facility and access to sufficient bandwidth.
Elon Musk becomes first person on Earth worth $800 billion Tesla CEO Elon Musk has become the first person in history to surpass a net worth of $800 billion after merger of rocket company SpaceX.
The merger of the two companies restructured Elon Musk’s holdings and gave him 43 per cent stake in the newly combined company which is estimated to be $542 billion.
