SpaceX buys wireless spectrum for Starlink; Verizon, AT&T, T-Mobile plummet

Space Exploration Technologies, or SpaceX, plans to purchase significant wireless spectrum, boosting its Starlink service. The news slammed the actions of wireless giants Verizon Communications, AT&T and T-Mobile US overnight, while also hitting AST SpaceMobile. SpaceX CEO Elon Musk called the move a “very big deal.” SpaceX buys wireless spectrum SpaceX will purchase up to 14 megahertz of spectrum…