Dan the old man wants to sell the business side only. Doubt Elon will buy it he’s already in a partnership with tmo
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The idea is intriguing, but it overlooks several major obstacles.
First, Verizon is a publicly traded company worth hundreds of billions of dollars in enterprise value. Even for Elon Musk, acquiring Verizon would require an enormous amount of capital and financing.
Second, SpaceX is a private aerospace company, not a telecom operator. Running a nationwide wireless carrier involves spectrum licenses, regulatory compliance, retail operations, and millions of customer relationships—very different from building rockets and satellites.
Third, SpaceX already has a telecommunications strategy through Starlink. Partnering with wireless carriers gives it many of the benefits of cellular integration without assuming Verizon's debt and operational complexity.
Fourth, Verizon's workforce presents a significant challenge. A substantial portion of Verizon's employees are represented by labor unions, with collective bargaining agreements governing wages, benefits, work rules, and layoffs. SpaceX has historically operated with a very different management philosophy and has generally opposed unionization. Integrating a heavily unionized workforce into a company with that culture would likely create major labor and operational challenges.
Finally, regulators would closely scrutinize any acquisition of a major U.S. telecommunications provider due to national security, competition, and communications infrastructure concerns.
While shareholders might receive a takeover premium, that doesn't necessarily mean the acquisition creates value for SpaceX. The financial, regulatory, cultural, and labor hurdles make a full acquisition far less likely than continued partnerships between Starlink and existing wireless carriers.
@OP I believe this will happen, operate VZ under SpaceX as a division. Why not? Elon has a need, he has the means and it will return profit to VZ shareholders. Now for VZ employees - well...