富国银行分析师Steven Cahall称，SpaceX无线业务将对传统运营商构成净负面冲击，因其卫星加频谱架构所需地面基础设施少于传统第四运营商；铁塔房地产投资信托基金与有线运营商则将通过租赁获利。Cahall在CNBC表示，市场或低估卫星与地面塔租的互补性。塔租REIT或成SpaceX布局间接稳定受益方。[[1]](https://www.cnbc.com/video/2026/09/08/spacex-entering-wireless-space-is-net-negative-for-current-players-says-wells-fargos-steven-cahall.html)
信源:https://www.cnbc.com/video/2026/09/08/spacex-entering-wireless-space-is-net-negative-for-current-players-says-wells-fargos-steven-cahall.html