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AT&T, Verizon and T-Mobile Stocks Sink as SpaceX Expands Cellular Ambitions
GuruFocus ·
GuruFocus reports: SpaceX is expanding its push into mobile connectivity through an agreement to acquire nationwide 800 MHz wireless spectrum from Grain Management. The deal could help Elon Musk's company extend Starlink Mobile coverage beyond areas typically served by satellite connectivity. The transaction requires Federal Communications Commission approval, and financial terms have not been disclosed. Low-band spectrum can travel longer distances and penetrate buildings more effectively…
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Trump bought up to $25 million in Meta and millions in SpaceX debt in AugustRead story summary
President Donald Trump disclosed more than 500 securities transactions in August, including a purchase of up to $25 million in Meta stock and an investment of as much as $5 million in SpaceX debt two days before he signed a sweeping policy aimed at expanding U.S. commercial space transportation, according to a newly released financial disclosure. The 517 ...
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