Fort Hood Death Penalty, Porsche’s 20% Price Hike & Vance Bans Microsoft's Visas | PBD Podcast #870

SpaceX's spectrum deal and Porsche's luxury repositioning signal major competitive shifts, while Vance's Microsoft crackdown could reshape H-1B policy.

• SpaceX enters telecom: Elon Musk's SpaceX bought ~$8B of 800MHz spectrum from Grain Management plus prior ~$19.6B EchoStar spectrum deals, pairing Starlink's 15,000 approved satellites with a terrestrial network; Verizon (-7.3%), AT&T (-7.8%) and T-Mobile (-7%) stocks fell on the announcement.
• Porsche pivots to ultra-luxury: New CEO (ex-Porsche, ex-Ferrari CTO, ex-McLaren CEO) plans to cut output from 330,000 to ~200,000 cars/year, raise flagship prices (911 Turbo S) 20% to ~$300K, cut 9,000 jobs, and unveil the Mission S supercar Oct 15, targeting 15% operating margin vs 1.1% in 2025 after the Taycan EV flop.

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