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Verizon Seen Leading 2027 Spectrum Auction, With SpaceX Lurking

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Look for Verizon Communications to be the top bidder in a U.S. government auction of radio spectrum in 2027, with Elon Musk’s SpaceX taking part but not being aggressive, said a JP Morgan analyst. Verizon stock has gained about 14% in 2026. SpaceX’s plans to expand its Starlink communications business has pressured shares in Verizon Communications (VZ), AT&T (T) and…

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