Telecom CEOs have been 'downplaying' the competitive risk of SpaceX's Starlink for years

LightShed Partners TMT analyst and partner, Walter Piecyk, sits down with Yahoo Finance Senior Reporter Brooke DiPalma to discuss SpaceX's (SPCX) move into telecom and to share his predictions. Video Transcript 00:00 Speaker A Why are you so surprised at the sell off that we're seeing today? 00:04 Speaker B I'm not surprised because it was talked about before. The president of SpaceX, Gwynne Shotwell has referred to building that work. We've written about it. We're not the only analyst that's written about the potential for SpaceX to build a terrestrial network.