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SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says
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- Space X will disrupt $1.6 trillion US communications industry, Oppenheimer says Kanchana Chakravarty Wed, June 3, 2026 at 9:16 PM GMT+7 1 min read SPAX.PVT T VZ TMUS By Kanchana Chakravarty
- June 3 (Reuters) - Space X will disrupt the $1.6 trillion U.S.
- The brokerage raised its estimate for 2035 space revenue to $800 billion from $500 billion earlier, ahead of the company s highly anticipated IPO this month.
Space X will disrupt $1.6 trillion US communications industry, Oppenheimer says Kanchana Chakravarty Wed, June 3, 2026 at 9:16 PM GMT+7 1 min read SPAX.PVT T VZ TMUS By Kanchana Chakravarty
June 3 (Reuters) - Space X will disrupt the $1.6 trillion U.S. communications industry as the Elon Musk-led company s satellite broadband unit Starlink expands, Oppenheimer said in a note on Wednesday, adding that legacy broadband providers like AT&T may be most at risk.
The brokerage raised its estimate for 2035 space revenue to $800 billion from $500 billion earlier, ahead of the company s highly anticipated IPO this month.
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