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SpaceX could initially target rural and suburban customers by acquiring Grain’s spectrum.
This analyst estimates SPCX stock can rise to $230 in a year and that SpaceX can reach 160 million Starlink telecom clients in a decade.
It was a relatively quiet week ahead of the Q3 reporting season getting underway, but still plenty of news to keep the sector busy. Deutsche Telekom organised an analyst meeting on AI strategy, SpaceX is buying more mobile spectrum, and Paramount finally completed the takeover of Warner Bros.