Peaked at #1 Off the board
SpaceX Starlink Mobile Push
AT&T, Verizon and T-Mobile shares keep plunging after SpaceX announced plans to turn Starlink into a major U.S. mobile carrier.
Key points
- SpaceX, $SPCX, announced plans to turn Starlink into a major US mobile carrier, offering high-speed internet nationwide.
- AT&T, Verizon and T-Mobile stocks all fell over 7% after the announcement.
- The FCC cleared the way for SpaceX to expand Starlink and buy a nationwide 800 MHz low-band portfolio.
- Verizon stock, $VZ, fell -7% on news that SpaceX, $SPCX, is acquiring a spectrum license to become a major mobile carrier in the US.
Key points and the reaction summary are written by AI from the posts on this page. Check the original post. How we use AI
Original post
What others are saying
3 more-
Musk's SpaceX plans to make Starlink a major US mobile carrier, sending AT&T, Verizon and T-Mobile shares down 11-13%.
View on X -
Elon Musk says SpaceX reaching a $1 quadrillion valuation is a 'possible' outcome.
View on X -
Verizon had one of its worst days since 2002, with unusual_whales suggesting someone knew upcoming SpaceX news in advance.
View on X
Top replies on X
Reaction on X: Replies are mostly joking or cheering, with one noting AT&T fell 8% and another asking Musk for a Tesla X phone.
Sign in to see 5 top replies from X
From @RealBaolaji, @grandpa_mo8881, @foombler and others. Spam removed, with English and Chinese translations.
Discussion 0
Sign up Sign in to join the discussion
No comments yet. Start the conversation.