Verizon CEO Dan Schulman said SpaceX would need up to $500B, up to 80,000 cell towers and as many as eight years to build a US mobile network that matches Verizon’s, Business Insider reported. Elon Musk replied on X that it “ will take 2 or 3 years “.

SpaceX would need up to $500B and as many as eight years to build a US mobile network that matches Verizon’s, its chief executive Dan Schulman said. He spoke on Verizon’s third-quarter earnings call on Monday, Business Insider reported .

Schulman said a rival network would need up to 80,000 large cell towers, linked by satellites and fiber, and would take at least four to six years to build.…