Verizon, AT&T and T-Mobile shut out Elon Musk’s phone service. Now the FCC is reviewing SpaceX’s plan to build its own
The FCC is reviewing SpaceX's plan to acquire 800 MHz spectrum through an $8 billion deal with Grain, a move that would let Starlink build its own nationwide 5G network. Verizon, AT&T and T-Mobile have shut out Elon Musk's phone service, pushing SpaceX to pursue independent spectrum ownership. The commission has accepted SpaceX's filing but has not yet approved the transaction. Calpers, the California public pension fund, has already booked a 100% gain on its radio spectrum bet tied to the SpaceX agreement.
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- ✓ Verizon, AT&T and T-Mobile have shut out Elon Musk's phone service.
- ✓ FCC is reviewing SpaceX's plan to acquire 800 MHz spectrum through an $8 billion deal with Grain.
- ✓ FCC has accepted SpaceX's filing but has not approved the deal.
- ✓ Calpers booked a 100% gain on its radio spectrum bet after the SpaceX deal.
What changed
FCC accepted SpaceX's 800 MHz spectrum filing for review while major carriers continue blocking Musk's phone service.
Live updates
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FCC reviews SpaceX spectrum plan as major carriers block Musk phone service
The FCC is reviewing SpaceX's plan to acquire 800 MHz spectrum through an $8 billion deal with Grain, a move that would let Starlink build its own nationwide 5G network. Verizon, AT&T and T-Mobile have shut out Elon Musk's phone service, pushing SpaceX to pursue independent spectrum ownership. The commission has accepted SpaceX's filing but has not yet approved the transaction. Calpers, the California public pension fund, has already booked a 100% gain on its radio spectrum bet tied to the SpaceX agreement.
Why it matters
Major U.S. carriers have refused to partner with SpaceX's direct-to-cell satellite service, forcing the company to buy its own licensed spectrum to compete. The 800 MHz band is valuable for wide-area coverage and building penetration. FCC acceptance of the filing is a procedural step; approval would let SpaceX bypass carrier gatekeepers and offer Starlink mobile service directly to consumers.
What is confirmed
- Verizon, AT&T and T-Mobile have shut out Elon Musk's phone service.
- FCC is reviewing SpaceX's plan to acquire 800 MHz spectrum through an $8 billion deal with Grain.
- FCC has accepted SpaceX's filing but has not approved the deal.
- Calpers booked a 100% gain on its radio spectrum bet after the SpaceX deal.
Still unconfirmed
- SpaceX may pay $8 billion for Grain airwaves, 2.8 times Grain's cash.
- FCC has approved SpaceX's acquisition of 800 MHz spectrum.
What to watch next
- FCC final approval or denial of SpaceX's 800 MHz spectrum acquisition
- Carrier responses if SpaceX gains independent spectrum rights
- Starlink direct-to-cell service launch timeline
confidence 88%Sources used for this update (14)
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- Yahoo Finance — Verizon, AT&T and T-Mobile shut out Elon Musk’s phone service. Now the FCC is reviewing SpaceX’s plan to build its own
- Bloomberg.com — Calpers Books 100% Gain on Radio Spectrum Bet After SpaceX Deal
- Teslarati — SpaceX just cleared a key FCC hurdle in its fight with Verizon and AT&T
- FourWeekMBA — SpaceX Said to Pay $8B for Grain Airwaves, 2.8x Grain’s Cash
- Pasquale Pillitteri — FCC accepts SpaceX's 800 MHz filing but has not approved the deal yet
- Benzinga — SpaceX Scores Key FCC Breakthrough in $8 Billion Spectrum Deal: Starlink Moves Closer to Nationwide 5G Push
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