SpaceX applied to participate in the Federal Communications Commission’s upcoming AWS-3 wireless spectrum auction starting in June. Telecom companies use wireless spectrum to transmit voice calls and data from devices to cell towers and vice versa. They’re absolutely essential for any telecom building a wireless network. Spectrum licenses are controlled by the government, and there is a finite number available. They grant exclusive rights to use a specified band of the available spectrum.SpaceX is the first of several potential blockbuster initial public offerings (IPOs) expected in 2026. The company is seeking to raise up to $75 billion at what has grown to become a $2 trillion-plus valuation, according to confidential filings ahead of its public debut. What is your take on current SpaceX valuation, Is it the most growing and promising business to invest in ?
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