Qualcomm Incorporated (NASDAQ:QCOM) has secured a multiyear agreement to supply cellular infrastructure hardware and software for SpaceX's (NASDAQ:SPCX) planned nationwide terrestrial wireless network, marking a major step in Elon Musk's drive to build a direct competitor to incumbent U.S. carriers. Under the partnership, SpaceX will deploy Qualcomm's Dragonwing cellular platforms across tens of thousands of planned cell sites, with initial rollouts scheduled to begin in 2027. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%.
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