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SpaceX to acquire nationwide 800MHz spectrum portfolio pending FCC approval

SpaceX to acquire nationwide 800MHz spectrum portfolio pending FCC approval

智通财经智通财经2026/10/08 21:36
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SpaceX (SPCX.US) announced on Thursday that it has reached an agreement to acquire a portfolio of low-frequency spectrum licenses covering the entire United States, enabling it to directly compete with traditional wireless communication giants nationwide. While Starlink Mobile’s existing global 2 GHz mid-band spectrum will provide high bandwidth capacity, this new spectrum will allow its signals to penetrate obstacles. This move accelerates Elon Musk’s ambitious plan to bypass traditional wireless infrastructure and deliver cellular network connectivity directly to smartphones from Earth’s orbit. The deal involves acquiring 100% of a nationwide 800 MHz spectrum portfolio owned by private equity firm Grain Management, and is still subject to regulatory approval by the Federal Communications Commission (FCC). In addition, the FCC this week approved Starlink Mobile’s application for a second-generation satellite constellation, authorizing SpaceX to deploy 15,000 satellites worldwide optimized for the 2 GHz band. Following the announcement, shares of US telecom companies fell in after-hours trading, while SpaceX (SPCX.US) shares rose by over 1.7%.

SpaceX (SPCX.US) announced on Thursday that it has reached an agreement to acquire a portfolio of low-band frequency spectrum licenses covering the entire United States, enabling it to directly compete nationwide with traditional wireless communication giants. While Starlink Mobile’s existing global 2 GHz mid-band spectrum will provide high bandwidth capacity, this new spectrum will allow its signal to penetrate obstacles. This move accelerates Elon Musk’s ambitious goal of bypassing traditional wireless infrastructure to deliver cellular connectivity directly to smartphones from Earth orbit. The transaction involves acquiring 100% equity in a nationwide 800 MHz spectrum portfolio held by private equity firm Grain Management and is still subject to regulatory approval from the Federal Communications Commission (FCC). In addition, the FCC this week approved Starlink Mobile’s application for its second-generation satellite constellation, authorizing SpaceX to launch 15,000 satellites globally optimized for the 2 GHz spectrum. Following the announcement, U.S. telecommunications company stocks declined in after-hours trading, while SpaceX (SPCX.US) shares rose by more than 1.7%.
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