Crown Castle Closes 9% Higher as SpaceX Eyes 80,000 Cell Sites
Photo: TokenPost
Crown Castle shares closed just over 9% higher Friday, the day after a report on SpaceX’s effort to gain access to at least 80,000 U.S. cell sites for a planned mobile service. The stock stood at $85.97 as of 4:34 p.m. ET (20:34 UTC), up $7.14 from the previous close. Trading volume topped three times its average for the past month. SpaceX is pursuing cell sites as it builds ground infrastructure for a mobile service based on Starlink and low-band spectrum.
Source: TokenPost
