Crown Castle Stock Jumps as SpaceX Eyes 80,000 Cell Sites for Wireless Network: ‘We’re Talking to All Parties’
Crown Castle shares surged 9.46% after hours as SpaceX reportedly pursued cell tower leases, boosting investor interest.
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Why It Matters
SpaceX might rent many of Crown Castle's cell towers for a new wireless network. This makes investors think Crown Castle could earn more money from those leases.
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