Elon Musk’s The Boring Company advances Dubai Loop project with new funding
Elon Musk’s The Boring Company is advancing plans for the Dubai Loop, with a new $3bn funding round supporting its expansion across the UAE
Elon Musk's SpaceX aims to enter the cellular market, but T-Mobile CFO Peter Osvaldik is unconcerned. Osvaldik stated that Starlink, SpaceX's satellite internet service, faces challenges in urban areas due to the limitations of satellites. SpaceX intends to use small cell stations, called femtocells, to complement Starlink's satellite network, but Osvaldik dismissed this as "laughable" as it would require an impractical number of femtocells to match the coverage of existing cell towers. The top three telecommunications companies generate approximately $600 billion in annual revenue.
Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
