SpaceX seeks to secure 80,000 cell tower sites in the U.S.
SPCX Space Exploration Technologies Corp
$147.49 +1.89%
View chart & analysis → - 1SpaceX purchased Grain Management's low-band spectrum portfolio earlier this month for $8 billion.
- 2SpaceX aims to secure access to 80,000 cell tower sites within the United States.
- 3Crown Castle sold fiber and small cell assets in an $8.5 billion deal earlier this year.
So what's the key point?
SpaceX bought communication spectrum for $8 billion. The company is trying to gain rights to use 80,000 communication towers in the U.S.
Source The Motley Fool +1 · View original ↗
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