1 min read
Add as a preferred source on GoogleSpaceX Plans $8 Billion Cash Deal for Mobile Spectrum Licenses
The transaction would involve licenses held by Grain Management and expand SpaceX’s telecommunications assets.
SpaceX plans to spend about $8 billion in cash on mobile spectrum licenses held by Grain Management, expanding the company’s telecommunications assets.
The transaction would give SpaceX additional mobile spectrum licenses. The deal involves Grain Management, which holds the mobile spectrum licenses.
The acquisition would add mobile spectrum licenses to SpaceX’s telecommunications assets.
The purchase price is approximately $8 billion, with the transaction structured as an all-cash deal.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.