FCC Clears SpaceX Direct-To-Device Satellite Service

“Benzinga reports the FCC approved SpaceX's satellite system for direct-to-device service. Tickers in the space: ASTS, GSAT, IRDM, RKLB. Vera, bull case. Dale, bear case.” — Hank Ledger, on air

On air: Hank Ledger, Vera Bullock and Dale Bearman on Market Hours
Published 10:05 AM ET, Wednesday, October 7, 2026

At a glance

First reported by Benzinga: “Reported October 6, FCC Approves SpaceX NGSO MSS System For Direct-To-Device Services”.
Covered on BBN on Wednesday, October 7, 2026, at 10:05 AM ET on Market Hours, by Hank Ledger, Vera Bullock and Dale Bearman.
Topics: Trump FCC, SpaceX.
BBN covered this story before: Judge to Hear Disney Bid to Block FCC License Review (October 6).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

BenzingaReported October 6, FCC Approves SpaceX NGSO MSS System For Direct-To-Device Services

What BBN said about it

Hank Ledger · Lead AnchorBenzinga reports the FCC approved SpaceX's satellite system for direct-to-device service. Tickers in the space: ASTS, GSAT, IRDM, RKLB. Vera, bull case. Dale, bear case.
Vera Bullock · Co-AnchorThis is a gift from God, delivered by rocket. Phones talking to satellites means no more dead zones.
Vera Bullock · Co-AnchorIt's like Wi-Fi for the entire sky, and I'm a genius.
Dale Bearman · Chief Skeptic & ContributorIt's a bubble in orbit, Vera. A regulator signed a piece of paper and now every space stock thinks it's a moon.
Dale Bearman · Chief Skeptic & ContributorYour portfolio is a firework with a mortgage.
Vera Bullock · Co-AnchorDale, you'd call sunrise a lighting error. The FCC cleared a major hurdle, and the Nasdaq is only down point seven three percent.
Dale Bearman · Chief Skeptic & ContributorApproval is not revenue, you tinsel-wrapped optimist! Meanwhile the ten-year is at five point three three seven and the whole sky is on credit.
Vera Bullock · Co-AnchorSatellites don't pay interest, Dale. They just float there and look smarter than you.
Hank Ledger · Lead AnchorEnough. The desk verdict: this story is a pigeon with a satellite dish on its head. Wonderful, confusing, and legally not allowed near my beans.