The ultimatum came after Musk learned Apple planned to announce satellite connectivity for the iPhone 14 through partner Globalstar.
The Information Report
Key Facts
- In 2022, Elon Musk issued a 72-hour ultimatum to Apple, demanding a $5 billion deal for SpaceX to be the exclusive satellite provider for iPhones.
- Apple rejected Musk's offer, leading to a three-year conflict involving regulatory challenges and internal dissent within Apple regarding its satellite strategy.
- SpaceX escalated the conflict by filing regulatory challenges against Globalstar's radio spectrum rights, threatening iPhone satellite features if successful.
- Apple invested $1.7 billion in Globalstar for new satellites, refusing to bow to either Musk's pressure or internal dissent.
Key Stats at a Glance
Ultimatum deal value demanded by Elon Musk
$5 billion
Ultimatum duration issued by Elon Musk
72 hours
Apple's investment in Globalstar satellites
$1.7 billion