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Tesla Inc TSLA and SpaceX CEO Elon Musk said he’s had some “promising conversations” with Apple Inc AAPL over Starlink connectivity.
What Happened: The billionaire entrepreneur said on Twitter Thursday that the iPhone team is obviously “super smart.”
“For sure, closing link from space to phone will work best if phone software & hardware adapt to space-based signals vs Starlink purely emulating cell tower,” said Musk.
We’ve had some promising conversations with Apple about Starlink connectivity. iPhone team is obv super smart.
For sure, closing link from space to phone will work best if phone software & hardware adapt to space-based signals vs Starlink purely emulating cell tower.
— Elon Musk (@elonmusk) September 8, 2022
See Also: How To Buy Tesla (TSLA) Shares
Why It Matters: Apple unveiled the iPhone 14 at a recent event. The new lineup features Emergency SOS via Satellite powered by Globalstar, Inc GSAT.
Late last month, Musk’s SpaceX announced a collaboration with T-Mobile US Inc TMUS on bringing satellite-based connectivity to T-Mobile’s users next year.
At the event, Musk said that SpaceX’s Starlink’s second-generation satellites would be able to “broadcast direct to cell phones.”
Price Action: Tesla shares closed 2% higher at $289.26 in the regular session and rose 0.25% in the after-hours session. On the same day, Apple shares closed 1% lower at $154.46.
Read Next: Apple Not The ‘Market Leader’ For Smartphones, Says CEO Tim Cook. ‘Facts Don’t Bear You Out’
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Image and article originally from www.benzinga.com. Read the original article here.