SpaceX's $17B Investment in Direct-to-Cell Technology

SpaceX has agreed to pay $17 billion to acquire spectrum from EchoStar, aiming to dominate the satellite-to-cell market with its direct-to-cell services, leveraging new FCC regulations that allow satellites to use terrestrial carrier networks independently. This move signifies SpaceX's strategic push in the spectrum wars, potentially challenging existing players like Apple and Globalstar, and marks a major step in its plan to expand satellite-based mobile connectivity.