SBAC stock news · SBA Communications Corporation
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SpaceX might start buying a lot from cell tower companies, causing their stock prices to jump.
NeutralSBA Communications could earn rent if SpaceX leases tower space, but SpaceX has not committed to a ground network and satellites may reduce tower use. The story does not yet change SBA Communications’ outlook.
SBA Communications Corp is starting a program to borrow up to $2.5 billion through short-term notes.
NeutralSBA set up a program allowing up to $2.5 billion in short-term notes for general needs. No notes were reported as issued, so this does not change its business outlook.