When most people think of Elon Musk, they often think of Tesla and SpaceX. It’s not hard to see why.
Tesla is up over 30,000% since its IPO, and SpaceX’s upcoming IPO has a projected valuation of $1.75 trillion, which would make it the largest in history.
While most of the attention is focused on those companies, Mode Mobile could potentially benefit from an often-overlooked part of Musk’s empire.
Starlink.
Major phone carriers, including AT&T and Verizon, have launched a joint venture to provide satellite connectivity for billions of people in “dead zones.” Additionally, Apple enabled Starlink connectivity on iPhones.
But while Wall Street is focused on SpaceX, Mode Mobile is looking toward this global shift.
Capitalizing On A Global Technology Shift
Mode Mobile estimates that the average smartphone user spends 40 hours per week on their smartphone, 80% of which is spent viewing ads that create huge profits for tech companies.
The company believes users deserve a cut of the profits they’ve helped create.
Mode Mobile has created the EarnPhone, an Android-powered smartphone that allows users to earn and save money by playing video games, listening to music, reading the news and even charging their phones.
With the phone priced at just $99, the company is confident that barriers to adoption are low, and the EarnPhone has many of the same capabilities as most mainstream smartphones. On top of that, EarnPhones are compatible with most major network carriers.
Users can also earn income on their existing devices with Mode EarnOS, an operating system that turns smartphones into EarnPhones.
And with major phone carriers committed to eliminating “dead zones,” Mode’s income-generating technology may soon reach billions more in rural populations worldwide.
Mode Mobile’s Early Traction
Mode may be a pre-IPO company, but it's already helping create an impact on the future of data monetization by paying users real money for using their phones.
Until recently, user data monetization has been reserved exclusively for big tech. But Mode wants to disrupt the status quo, and reports the following:
- Over 60,000 investors/shareholders
- Ranked #1 fastest-growing software company in North America (Deloitte Fast 500 in 2023)
- $11.8 million EBITDA in 2025
- $115 million in lifetime revenue
- Over $80 million total invested
- $MODE Nasdaq stock ticker secured
- Retail partnerships with Walmart, Amazon, Best Buy and Target
Mode Is Looking To Capitalize On Satellite Connectivity
Mode Mobile allows users to make money just from using their phones, similar to how Airbnb lets users earn extra cash by renting out their bedrooms.
The company reports that its model has already reached 490M+ million global users and generated more than $1 billion in earnings and savings .
Disclaimers
*Mode revenue and EBITDA numbers include full year revenue and EBITDA of businesses acquired by Mode Mobile in 2025.
*Please read the offering circular and related risks at invest.modemobile.com.
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