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Elon Musk has confirmed the impending launch of a groundbreaking satellite phone, which is expected to reshape the telecommunications landscape significantly by 2030. The $17 billion deal with EchoStar, leveraging AWS and H-block spectrum, will enable high-bandwidth satellite communications globally.

The Starlink infrastructure, which has already outpaced traditional geosynchronous satellite services, promises to attract millions of users worldwide. By 2028, SpaceX anticipates reaching 100 million high-speed internet users and a valuation of $16 trillion, with a potential customer base of 3 billion.