SpaceX buys $8B spectrum to become fourth US carrier

SpaceX has acquired 800 MHz of low-band spectrum for $8 billion and has already spent nearly $20 billion on EchoStar spectrum. Combined with FCC approval for 15,000 next-gen Starlink satellites, the company aims to compete with AT&T, Verizon and T-Mobile.

• The 800 MHz spectrum was bought from Grain Management for $8 billion
• SpaceX previously spent nearly $20 billion on EchoStar spectrum
• FCC approved deployment of 15,000 next-gen Starlink satellites
• LightShed analyst Walter Piecyk pegs the US market at $1 trillion