SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

SpaceX agrees to acquire low-band spectrum licenses for Starlink Mobile

SpaceX (SPCX) agreed to acquire a nationwide portfolio of low-band spectrum licenses in a deal reportedly valued at $8 billion, to expand Starlink Mobile and pursue a larger US mobile-market role.

SPCX

SpaceX NASDAQ:SPCX has agreed to acquire a nationwide portfolio of low-band spectrum licenses in a deal reportedly valued at $8 billion, as it seeks to expand beyond satellite internet and compete more directly in the US mobile market. The company first disclose…