News /Spectrum
SpaceX’s $8 billion 800 MHz buy sends Crown Castle, American Tower and SBA shares soaring on a tenant that hasn’t signed a lease
Tower stocks surged Friday after SpaceX agreed to buy Grain Management’s nationwide 800 MHz spectrum, a low-band coverage layer that is hard to use from orbit and easy to use from a tower. Crown Castle jumped more than 13%, American Tower more than 8% and SBA Communications more…
