StocksMedium•12 October 2026•
1 min read
SpaceX Secures $8 Billion Spectrum Deal to Expand Starlink Wireless Services
Key Facts
1SpaceX secured an $8 billion spectrum deal to boost its Starlink direct-to-cell wireless capabilities.
SpaceX secured an $8 billion spectrum deal to boost its Starlink direct-to-cell wireless capabilities. Benzinga reported that the agreement aims to expand Starlink services to provide satellite-to-phone connectivity, positioning the company as a significant participant in the US wireless carrier market.
The deal is intended to disrupt traditional wireless carriers while potentially benefiting US cell tower infrastructure. Regarding market performance, SPCX closed at $162.57 on October 9, 2026, after reaching a session high of $166.38 and a low of $160.61.