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.
— Elon Musk (@elonmusk) September 8, 2022
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.
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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