SpaceX Buys Nationwide 800 MHz Spectrum to Launch Starlink Mobile as a U.S. Carrier; AT&T, Verizon and T-Mobile Tumble
SpaceX has acquired nationwide 800 MHz spectrum to launch Starlink Mobile as a U.S. carrier. AT&T (T) fell 10%, Verizon (VZ) 9% and T-Mobile (TMUS) 13%, the worst trading day in more than a decade for each. Musk called the spectrum "the last critical piece of the puzzle."