NextNav Shares Jump 12% After SpaceX Supports 900 MHz Spectrum
NextNav shares rose 12% Monday after SpaceX backed including its lower 900 MHz band in the FCC’s proposed satellite-to-mobile spectrum expansion.
Shares of NextNav (NN) jumped 12% on Monday after SpaceX (SPCX) pushed for inclusion of its lower 900 MHz spectrum band in the Federal Communications Commission’s (FCC) proposed expansion of satellite-to-mobile spectrum.NextNav holds licenses in the lower 900 MHz band and has asked the FCC to recon…