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Musk Says SpaceX Could Buy a Legacy Telco and Use Its Spectrum 10 Times Better

Source: 247wallst.com

M&A & RestructuringRegulation & LegislationCredit & Bond MarketsTechnology & Innovation
Musk Says SpaceX Could Buy a Legacy Telco and Use Its Spectrum 10 Times Better

Musk hinted at a possible telecom takeover but named no target, while a rival CEO cited a high price for SpaceX’s ambitions without a figure provided in the text. Debt, regulatory hurdles and a spectrum gap were described as obstacles to any deal.

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