SpaceX Criticizes EU Spectrum Plan

SpaceX has voiced strong opposition to the European Union's proposed framework for allocating satellite spectrum. This spectrum is crucial for the expansion of Starlink, the company's satellite internet service. The company believes the EU's plan could hinder the growth and competitive positioning of its burgeoning service. SpaceX's criticism comes at a critical juncture as the company aims to solidify its market presence and capitalize on its recent successful IPO, highlighting potential regulatory hurdles impacting its ambitious global connectivity goals.