SpaceX's $8B Starlink spectrum purchase threatens major telecom carriers

Name: SpaceX's $8B Starlink spectrum purchase threatens major telecom carriers
Uploaded: 2026-10-09T19:54:38Z
Duration: 3 min 31 s
Description: Liz Claman reports on SpaceX's reported $8 billion purchase of low-band spectrum from Grain Management to expand its Starlink satellite network. The move aims to allow Starlink to beam cell service directly to phones inside buildings, causing cell tower stocks like Crown Castle to soar while major wireless carriers like T-Mobile, AT&T, and Verizon face sharp declines.

The Claman Countdown · FBN · Aired Fri, Oct 9 · 3m 31s

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Liz Claman reports on SpaceX's reported $8 billion purchase of low-band spectrum from Grain Management to expand its Starlink satellite network. The move aims to allow Starlink to beam cell service directly to phones inside buildings, causing cell tower stocks like Crown Castle to soar while major wireless carriers like T-Mobile, AT&T, and Verizon face sharp declines.