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SpaceX agrees to buy Grain's nationwide 800 MHz portfolio for about $8 billion, a source says Portfolio includes up to 14 MHz of paired spectrum and needs FCC approval TD Cowen estimates nationwide terrestrial network would cost more than $80 billion By Harshita Mary Varghese Oct 16 (Reuters) — SpaceX called its recent
Deutsche Bank sees last week’s sell-off in AST SpaceMobile Inc. (NASDAQ: ASTS ) as a buying opportunity. On Monday, the bank upgraded the satellite broadband developer to Buy from Hold and kept its $93 price target, CNBC reported. The target implies about 82% upside from Friday’s close near $50.97. ASTS stock is climbi
Citi analyst Michael Rollins said AT&T and rivals may offer upside over the next year, citing a longer device replacement cycle and lower churn. The note came after telecom shares fell sharply on fears SpaceX could become a new competitor.
SpaceX agreed to acquire Grain Management's nationwide 800 MHz spectrum portfolio, a move that could strengthen Starlink Mobile's push toward a U.S. wireless carrier role. The deal still needs FCC approval and other closing conditions, and financial terms were not disclosed.