SpaceX challenges mobile network construction by purchasing frequency licenses
SPCX Space Exploration Technologies Corp
$146.03 -1.74%
View chart & analysis → - 1SpaceX purchased 800 MHz frequency licenses from Grain for approximately $8 billion.
- 2The estimated cost for SpaceX to build its network is expected to exceed $80 billion.
- 3SpaceX plans to launch next-generation mobile satellites next year and begin services by the end of next year.
So what's the key point?
SpaceX spent about $8 billion to buy frequency licenses to build a communication network. The cost to build the network is expected to be more than $80 billion.
Source TIKR · View original ↗
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