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The Latest Breaking News from Grain Management

Why Wall Street Says You Should Stop Panicking and Buy AST SpaceMobile Stock

Wall Street sees ASTS’ selloff as a buying opportunity, shrugging off SpaceX’s spectrum deal concerns amid promising growth prospects.

Barchart · 13h ago

Telecom stocks under fire, sink up to 13% as Elon Musk’s Starlink buys spectrum from Grain Management

SpaceX’s move to acquire low-band spectrum licences has intensified concerns about disruption in the US telecom industry, sending shares of Verizon, AT&T and T-Mobile lower. The company plans to combine satellite connectivity with terrestrial infrastructure to expand Starlink Mobile coverage. The deal, alongside regulatory approval for its next-generation satellite constellation,…

The Economic Times · Oct 12

An $8 Billion Reason Why SpaceX Stock Is Up Today

SpaceX stock gains on an $8 billion spectrum deal with Grain Management. Here’s why the announcement triggered a rally in SPCX shares today.

Barchart · Oct 9

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AT&T Leads Telecom Stocks Lower as SpaceX Announces Starlink Expansion

AT&T stock sinks as SpaceX announces a major spectrum deal with Grain Management. Here’s why caution is warranted in buying the dip in T shares.

Barchart · Oct 9

ASTS stock today falls 14%: Why AST SpaceMobile shares are down after SpaceX Spectrum Deal

ASTS stock came under pressure after SpaceX agreed to acquire Grain Management’s nationwide low-band spectrum portfolio that AST SpaceMobile had also pursued. The deal closes off one potential source of additional spectrum for ASTS. Rocket Lab and Planet Labs shares also fell, while the Procure Space ETF edged higher.

The Economic Times · Oct 9

SpaceX's Spectrum Deal Could Improve Your Mobile Coverage, but One Hurdle Remains

SpaceX's proposed 800 MHz spectrum deal could expand Starlink Mobile coverage in the US, but FCC approval and further network development are still needed.

International Business Times UK · Oct 9

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