SpaceX's low-band spectrum deal gives Starlink Mobile a terrestrial foothold, UBS says

Impact · against what's priced in

SpaceX's acquisition of low-band spectrum is a positive catalyst for its connectivity scaling, though the market is not yet pricing in the full potential of its terrestrial network. For major carriers, the news is neutral to slightly negative as the market already assumes Starlink's competition is limited by operational hurdles, and analysts view recent share declines as overdone.

SPCX+0.20

Challenges what's priced in

The price assumes