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3 days agoWhy SpaceX made a $17B bet on the direct-to-cell market | TechCrunch
SpaceX just fired off one of the biggest shots yet in the spectrum wars, agreeing to pay $17 billion to take over a massive chunk of wireless airwaves from EchoStar for Starlink's Direct-to-Cell services. The deal is the most aggressive signal yet that SpaceX wants to rule the satellite-to-phone market. The significance of the sale, which sees SpaceX paying a mix of $8.5 billion in cash and $8.5 billion in SpaceX stock, centers around a finite resource: spectrum.
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