SpaceX has agreed to buy the nationwide 800 MHz wireless spectrum portfolio of Grain Management, the firm David Grain founded in 2007, for $8 billion, Black Enterprise reported. SpaceX plans to pair it with Starlink for direct-to-phone service. The deal needs regulatory approval.
Why It Matters for Atlanta Professionals
A Black-founded investment firm is selling a nationwide asset to SpaceX, and satellite carriers may soon compete with the phone plans Atlanta professionals pay for.
Source
First reported by Black Enterprise (Selena Hill), citing Data Center Dynamics for Grain's quotes: Black Enterprise
Cover: Photo: beltz6 / Flickr, CC BY 2.0
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