New Delhi, Nov. 2 -- SpaceX is exploring a move into the US wireless market through a potential acquisition of EchoStar's Boost Mobile business or an agreement to use its network, a deal that could bring Elon Musk's satellite internet ambitions into direct competition with established telecom operators AT&T, Verizon and T-Mobile.

The discussions, which have been under way for several months, centre on how SpaceX could establish its own mobile service by combining satellite connectivity with traditional terrestrial networks, according to a Reuters report citing The Washington Post.

Elon Musk met EchoStar Chairman Charlie Ergen last month as the companies explored possible arrangements.

Acquiring Boost Mobile could give SpaceX an immedia...