SpaceX will acquire nationwide rights to use the 800 MHz band held by Grain Management. The move is seen as paving the way for entry into the mobile communications business, but the transaction requires approval from the Federal Communications Commission.
SpaceX will acquire nationwide rights to use the 800 MHz band held by Grain Management. Approval from the Federal Communications Commission (FCC) is required for the transaction to close.
The move suggests that SpaceX is considering entering the mobile communications business. However, whether approval will be granted and how the transaction will progress are expected to become clear through future reports.