The Journal of Space Commerce

The Journal of Space Commerce

In Depth

SpaceX’s $19.6 Billion Spectrum Gambit

How Satellite Communications Became a Global Telecom Powerhouse

Mike Turner's avatar
Mike Turner
Nov 13, 2025
∙ Paid
a white surfboard sitting on top of a metal pole
Photo by Evgeny Opanasenko on Unsplash

When most people think of SpaceX, they envision rockets launching into orbit or spacecraft returning to Earth. But in November 2025, the company revealed a different kind of ambition—one that doesn’t require rocket fuel. In back-to-back spectrum acquisitions totaling $19.6 billion, SpaceX has fundamentally repositio…

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