Oppenheimer Predicts SpaceX Will Disrupt U.S. Communications Industry
Oppenheimer predicts that SpaceX's Starlink will disrupt the $1.6 trillion U.S. communications industry, posing a risk to legacy broadband providers like AT&T and Verizon. The brokerage raised its 2035 space revenue estimate to $800 billion ahead of SpaceX’s anticipated IPO.
Topics: communications industry disruption IPO valuation SpaceX Starlink