10/11/2026
SpaceX’s latest announcement just shook the wireless industry! T-Mobile dropped 13.27%, AT&T fell 9.81%, and Verizon was down 8.75% all in one trading day following the news that Elon Musk’s SpaceX has agreed to purchase nationwide wireless spectrum from Grain Management in a deal reportedly worth about $8 BILLION. It still needs FCC approval, but this could put Starlink in a position to compete directly with the 3 companies who have taken over the wireless market. Because if you aren’t with one of these 3 at this point you are with a company that just resells on their network!
With SpaceX though, this goes beyond satellite internet. SpaceX is working toward a mobile network that combines satellites with equipment on the ground.
Another major wireless option could be on the way! What’s your thoughts?