Spectrum Noise: How the SpaceX IPO Ignites an Entire Satellite Industry!
Reading Time: 3 minutes
The IPO of Elon Musk's SpaceX was one of the most spectacular in recent history: The issuance raised around $75 billion, and on the first trading day, the price jumped nearly 29% from $135 to about $174. However, the real winner is not a single stock, but an entire sector – satellite communication. At the center is a scarce, invisible asset: the spectrum, those radio frequencies through which the internet can be sent directly to smartphones, completely without cell towers. Whoever possesses these licenses holds a treasure. This has propelled...
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