SpaceX, ready to do it all again in Europe
SpaceX has agreed to pay around $8 billion to secure a significant block of low-frequency spectrum in the US. The announcement immediately weighed on the share prices of AT&T, Verizon and T-Mobile. Elon Musk, the founder of SpaceX, is making rapid headway in the arena where satellite connectivity directly intersects with traditional telecoms. Until the company gains access to this type of spectrum, it remains… largely dependent on terrestrial operators to reach European or American mobile phones. With these frequencies, the outlook changes: SpaceX is no longer content to act merely as a supplementary service; it can now aim for a more direct distribution model. May 2027 Europe is, of course, watching this development with concern. An equivalent spectrum band is due to be allocated in May 2027. The European…