Elon Musk's Space Exploration Technologies Corp.

(NASDAQ:SPCX) may be considering an acquisition of T-Mobile US Inc.

(NASDAQ:TMUS) in a strategic move to expand into the wireless business, according to an analyst's prediction.

TD Cowen analyst, Gregory Williams, suggested that T-Mobile could be the "clear choice" for SpaceX if it fails to secure a wholesale network deal or if it prefers to own a wireless business outright, reported Forbes.

The analysis stems from SpaceX's existing partnership with T-Mobile through its Starlink satellite internet business.