Oppenheimer: SpaceX Starlink Could Disrupt $1.6T U.S. Communications Industry

Oppenheimer analysts say SpaceX Starlink has 10.3 million U.S. subscribers and could reach 15 million by 2030. Starlink offers low-latency, high-speed broadband from space, bypassing ground-based infrastructure that struggles in rural areas. The firm suggests Starlink may expand into emergency response, military, and enterprise markets, reducing churn and enabling higher pricing. Oppenheimer notes SpaceX could enter the handset market, which analysts value at $500 billion.