SpaceX buys 14 MHz spectrum: USD 300 target for SpaceX stock
Published on 10/13/2026 at 12:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- SpaceX agreed on October 8, 2026 to acquire up to 14 megahertz of paired 800 MHz spectrum for Starlink Mobile.
- Morgan Stanley analyst Adam Jonas reiterated a USD 300 price target for SpaceX stock on October 6, 2026.
- SpaceX stock was at EUR 145.77 at Lang & Schwarz on October 13, 2026 at 12:42 p.m. CEST.
- The transaction requires FCC approval, while SpaceX said the FCC authorized 15,000 next-generation Starlink Mobile satellites.
SpaceX stock was at EUR 145.77 at Lang & Schwarz on October 13, 2026 at 12:42 p.m. CEST. On October 8, 2026, SpaceX agreed to acquire up to 14 megahertz of paired 800 MHz spectrum for Starlink Mobile, while Morgan Stanley analyst Adam Jonas reiterated a USD 300 price target for SpaceX stock on October 6, 2026, according to CNBC.
SpaceX adds low-band spectrum
The spectrum agreement covers a nationwide portfolio in the 800 MHz band. SpaceX said the low-band licenses would help Starlink Mobile combine satellite coverage with terrestrial deployment and improve signal penetration inside buildings, subject to final approval by the Federal Communications Commission.
Reuters reported on October 8, 2026 that the transaction would move Starlink Mobile closer to competing directly with established US wireless operators. Financial terms were not disclosed.
What does the spectrum deal add?
SpaceX also said on October 8, 2026 that the FCC had authorized 15,000 next-generation satellites optimized for 2 GHz spectrum. The company said those satellites could deliver more than 100 times the bandwidth of its current generation to unmodified devices, giving the spectrum purchase a concrete network expansion angle.
That combination matters because the deal is not only a satellite licensing transaction. It links Starlink Mobile's orbital network with a ground-based coverage layer, potentially broadening the service from a satellite supplement into a more complete mobile offering. The FCC approval requirement remains a material milestone before the planned architecture can operate at full scale.
Three milestones shape the story
On August 6, 2026, SpaceX and Tesla described Terafab as a planned semiconductor facility with more than 100 million square feet of manufacturing space and USD 16.8 billion of initial capital investment, according to SpaceX. On September 15, 2026, the company said Starship's first orbital missions would use more than 500 physical sensors to monitor the vehicle. On October 8, 2026, the company announced the 14 megahertz spectrum agreement and the 15,000-satellite authorization.
The figures show why the investment case extends beyond launches. Starlink Mobile, orbital infrastructure and chip manufacturing are being developed as connected businesses, while Morgan Stanley's USD 300 target places valuation attention on future network and artificial intelligence opportunities rather than only existing launch revenue.
SpaceX stock stays in a wide range
The latest primary-market quote was USD 163.42 on the Nasdaq Stock Market at 4:00 p.m. ET on October 12, 2026. The 52-week range was USD 104.83 to USD 225.64, giving the stock a broad trading backdrop as investors assess spectrum, Starship and artificial intelligence spending.
At Lang & Schwarz, SpaceX stock was trading at EUR 145.77 on October 13, 2026 at 12:42 p.m. CEST. The quote is presented without a daily comparison because the Xetra close used for this article's reference base was not substantiated.
The further course of trading is shown by the continuously updated real-time quote of SpaceX stock.
SpaceX stock facts
- Company: Space Exploration Technologies Corp.
- ISIN: US84615Q1031
- Ticker: SPCX
- Primary exchange: Nasdaq Stock Market
- Price Lang & Schwarz (as of October 13, 2026, 12:42 p.m. CEST): EUR 145.77
- Market capitalization: USD 2.2 trillion (as of October 12, 2026)
- 52-week range: USD 104.83-225.64 (as of October 12, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
- Index membership: Nasdaq Composite, Nasdaq 100
Market context: Market report Nasdaq Composite.
