00:00It's Benzinga bringing Wall Street to Main Street.
00:02The Federal Communications Commission accepted SpaceX's application to transfer 546 spectrum
00:08licenses from Grain Management to Starlink, according to Benzinga. The licenses cover
00:14nearly 100% of the U.S. population across all 50 states and U.S. territories. The FCC opened a
00:21formal review process with petitions to deny due December 1st. Acceptance does not constitute
00:27final approval. The filing comes as Elon Musk prepares to launch Starlink's satellite-based
00:335G service in 2027 through a partnership with Qualcomm. Verizon, T-Mobile, and AT&T have
00:40opposed SpaceX's expansion into cellular service. SPCX shares were up 2.34% to $146.44 during
00:50pre-market trading on Wednesday. For all things money, visit Benzinga.com.
