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Stocks•27 June 2026•

1 min read

SpaceX in early talks with Charter to use ground infrastructure for mobile phone service

Key Facts

1Charter, the largest home internet provider in the U.S., could run some of SpaceX's phone traffic through its ground-based internet infrastructure.

As telecom companies race to merge satellite and ground networks to expand coverage, reports have emerged of early-stage talks between SpaceX and Charter Communications, the largest U.S. home internet provider. According to Fortune magazine, Charter could handle part of SpaceX's mobile phone traffic through its ground-based internet infrastructure, potentially boosting the efficiency of satellite-based mobile services.

No formal agreement has been announced, and the discussions come amid a wave of alliances between satellite operators and ground infrastructure firms. Charter shares (CHTR) closed at $133.64 on June 26, 2026, trading between $130.37 and $136.86 during the session. SpaceX remains a private company, so its shares are not publicly traded.

Investors are watching for any official confirmation from either company, as such a partnership could reshape the U.S. mobile phone service landscape. However, regulatory and technical hurdles may delay or alter any final deal. Charter's stock will remain in focus, trading near the $130 support level.