Elon Musk reportedly pitched a deal to Apple three years ago, offering an 18-month exclusive agreement for SpaceX satellite connectivity for iPhones. This deal involved a significant upfront payment of $5 billion and annual payments of $1 billion to support satellite-connected iPhone features.
The exclusivity was a key element of Musk's offer. It was reportedly structured with a 72-hour deadline, with Musk threatening to release a competing feature if Apple did not accept within that timeframe.
The article does not state whether Apple accepted the offer, but it highlights the ambitious nature of Musk's proposal and his willingness to pursue a competitive strategy if the deal failed.