https://www.live-feeds.com/feed/verizon-ceo-puts-500-billion-price-tag-on-elon-musk-s-phone-planContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/verizon-ceo-puts-500-billion-price-tag-on-elon-musk-s-phone-planhttps://www.live-feeds.com/feed/verizon-ceo-puts-500-billion-price-tag-on-elon-musk-s-phone-plan#u170347Mon, 02 Nov 2026 14:45:07 +0000Verizon CEO Dan Schulman states that SpaceX requires four to six years and $300 billion to $500 billion to build a full United States mobile carrier and match major telecom networks. Schulman shared the valuation during a third-quarter call, addressing reports that SpaceX is in talks to access 80,000 cell sites for a wireless network. Elon Musk countered the assessment on social media, claiming that SpaceX can build a mobile network in two or three years.Why it mattersTraditional telecommunication giants face mounting questions over how upcoming satellite and cellular convergence ventures migh