SpaceX is reportedly testing its self-developed smartphone and exploring the construction of a mobile communication network.
Odaily reports that SpaceX is exploring larger-scale mobile phone and communication business opportunities. Some investors have already seen a prototype device similar to a phone, which is thinner than an iPhone and runs a self-developed operating system.
According to the report, during the preparation for the IPO, president Gwynne Shotwell discussed the possibility of building a ground network to provide mobile services and considered partnering with operators. Starlink has already partnered with T-Mobile and others to offer phone connectivity in remote areas.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
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