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SpaceX and AST SpaceMobile pursue $6 billion satellite spectrum as Muon Space raises $250 million

SpaceX and AST SpaceMobile are reportedly interested in acquiring Grain Management’s spectrum for direct-to-phone satellite services, while Muon Space raised $250 million at a $1.5 billion valuation. Muon plans to scale production to 500 satellites annually by 2027 and expand defense, NASA and NOAA work.

Discovered 2026-08-20T16:35:38.540100-07:00 | 2026-08-20T16:35:38.540100-07:00

Briefing

What Hype is tracking

Spectrum access is becoming a strategic asset for direct-to-device satellite connectivity, with the reported Grain Management holdings valued at approximately $6 billion and AST SpaceMobile already authorized to test the frequencies with up to 100 phones.
Muon’s funding round values the company at $1.5 billion and supports a planned San Jose factory targeting production of 500 satellites annually by 2027, up from 11 satellites launched or produced to date.
The financing also underscores the growing overlap between commercial satellite infrastructure and government demand, as Muon expands its work with defense agencies, NASA and NOAA.

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