Can Elon Musk Win the Satellite Space Race?

Watch the full episode: https://youtu.be/V1QRRSF8AEc

Another sector that’s been very newsy lately – and is also part of our Big Three – is space. Last week, SpaceX announced a tie-up with T-Mobile, revealing that its Starlink satellites will soon beam cellular coverage to T-Mobile customers’ cellphones across the globe. What does this mean for the space proposal moving forward?

Our entire world is built on the internet, cellular technology, and software applications. Yet, billions across the globe don’t have access to any of it.

And companies like Amazon (AMZN) and Apple (AAPL) have built multi-trillion-dollar companies on the back of the internet. So, what happens when everyone everywhere has access to it? In short, a massive economic boom. We could unlock a doubling or tripling of the global digital economy. And it’ll all be thanks to tech in space.

Indeed, this is one of the largest untapped economic opportunities in the world today.
Now, with SpaceX, the tech isn’t very advanced. So far, it just allows texting and low-quality calls. But there are other companies out there working on more advanced technologies – think 24/7 5G, high-speed internet connectivity beamed directly from a satellite. So, needless to say, this is a space (no pun intended) that you should be investing in today.
🎧Listen to the Podcast🎧
➡️Spotify: https://open.spotify.com/show/3iC4uu3Qq49SSyrpwrp3KA
➡️Apple: https://podcasts.apple.com/us/podcast/hypergrowth-investing/id1605192953
➡️Google: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5jYXN0ZWQudXMvNzEvSHlwZXJncm93dGgtSW52ZXN0aW5nLTgwN2ViZTdmL2ZlZWQ

🟢Join Luke's Free Newsletter: https://signup.investorplace.com/?cid=MKT502688&eid=MKT612161

💻Visit Our Website: https://investorplace.com/hypergrowthinvesting/

🔔 Subscribe: https://www.youtube.com/c/HypergrowthInvesting?sub_confirmation=1

Видео Can Elon Musk Win the Satellite Space Race? канала InvestorPlace