Raw SignalOct 9, 20261 min read1 source

SpaceX Makes Big Play to Become a Mobile Wireless Carrier

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SpaceX has reached a deal to buy cellular spectrum licenses from investment firm Grain Management, marking its biggest move yet into a wireless market dominated by traditional telecom companies.

The Wall Street Journal reports that SpaceX will pay about $8 billion in cash for the assets, citing people familiar with the matter; Grain and SpaceX did not comment on the transaction value. The supplied report does not specify launch timing, network coverage, consumer pricing, or how the spectrum will integrate with Starlink satellite service.

Evidence / sources

  1. 1wsj.com/business/telecom/spacex-makes-big-play-to-become-a-wireless-carrier-a90b2a1b
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