BNP-Paribas senior analyst Sam McHugh, in a note to clients, said that the investment bank had hosted a call with Claude Aiken, a former FCC lawyer and advisor to two FCC Commissioners, to discuss whether there are regulatory paths that SpaceX could use to gain access to the Big Three networks, assuming none of the […]
Last week’s FCC-organised AWS-3/113 auction of terrestrial spectrum in the US raised $3.2 billion for the areas under offer. Analysts at BNP-Paribas have looked at the results. The bank says: “Verizon spent $3.2 billion – or 90 per cent of the auction total – to buy 82 licenses. T-Mobile spent $278 million for 102 licenses […]
A SpaceX Falcon 9 rocket lifted off from Cape Canaveral Space Force Station on June 28th, carrying a Sirius XM satellite. The new satellite will replace two aging craft. The launch was handled by SpaceX from Launch Complex 40 at Cape Canaveral Space Force Station. SpaceX officially confirmed successful deployment of the SXM-11 satellite. The […]
Professor Tim Farrar (of TMF Associates), in a blog post, has reviewed and speculated on the much reported SpaceX plans for a global cellular service over and above its existing Starlink broadband service. Bloomberg reported on June 29 that SpaceX was in discussion with Charter Communications – which has operations in 41 US states – […]
SpaceX is planning to buy US cellular operator T-Mobile according to industry speculation. The reports include a note from analysts at investment bank TD Cowen which says that SpaceX could buy T-Mobile if the three giant cellular operators (AT&T, Verizon and T-Mobile) decline to allow SpaceX’s Starlink service access to their networks. That leaves SpaceX […]
June 22nd saw SpaceX’s share price tumble 16.4 per cent, and an overall fall of 31 per cent since the IPO’s all-time high. This fall represented a $927 billion (€816.5bn) fall over just three days of trading. SpaceX issued a Bond offering on June 22nd which didn’t help market confidence. The Bond is looking to […]
SpaceX has launched its first Starfall mission. The test flight will carry a new cargo return vehicle. The return vehicle is designed to bring materials back to Earth from orbit. Unlike SpaceX’s Cargo Dragon, which primarily returns cargo from the ISS, Starfall is being developed as a dedicated cargo return system that could provide a […]
Moody’s Ratings have issued a Baa1 rating for SpaceX, which is slightly higher than that issued to Tesla (which is Baa3). “SpaceX’s Baa1 issuer rating reflects the company’s exceptional franchise strength as the world’s leading orbital launch provider and operator of the largest low earth orbit satellite broadband network, Starlink. The company benefits from robust […]
Earlier this week, SpaceX announced a deal to acquire Anysphere, the company behind the AI coding tool Cursor, in a $60 billion all-stock transaction. The announcement arrives just days after SpaceX’s debut on the Nasdaq in the biggest initial public offering (IPO) ever, which lifted its market capitalisation beyond $2 trillion. The scale and timing […]
One of SpaceX’s key targets for growth and profitability is its AI division. Last week’s IPO delivered the cash needed for SpaceX to make further investments. Analyst Brett Winton from ARK Invest (ARK) has examined the likely future process for SpaceX and its prospective return on capital. In ARK’s view, SpaceXAI’s listing launched one of […]