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Space Exploration Technologies (NasdaqGS:SPCX) secured FCC approval for 15,000 additional Starlink satellites, expanding its planned constellation footprint. The FCC cleared Starlink to operate these satellites without requiring leases of existing ground wireless infrastructure from incumbent carriers. SpaceX also…
SpaceX just bought something it cannot launch, and the move sent two of America's biggest wireless carriers into a sudden selloff. Here is what the spectrum purchase means for anyone holding carrier stock.