
SpaceX Spectrum Deal Triggers Historic Sell-Off in U.S. Telecom Stocks
SpaceX announced a $2.9 billion acquisition of nationwide 800 MHz spectrum from Grain Management, triggering a sharp sell-off in major U.S. telecom stocks. While the move signals SpaceX's intent to expand Starlink into terrestrial mobile services, industry leaders and analysts argue that spectrum alone is insufficient to compete with established networks due to infrastructure and indoor coverage challenges.













