On August 26, Bank of America stated that SpaceX's continuously expanding wireless communication business may bring benefits to T-Mobile US, communication tower companies, and spectrum assets. Bank of America analyzed that if SpaceX aims to build a competitive nationwide wireless communication network, it will require massive investments, acquisition of more spectrum resources, and years of infrastructure construction. However, Bank of America believes that SpaceX's satellite connectivity business is more likely to complement existing mobile communication networks rather than completely replace terrestrial networks. Therefore, SpaceX may collaborate with T-Mobile and communication tower operators in the future, creating new business opportunities for related companies.