✉news ScienceSpace first seen 1 d ago, last 1 d ago, peak #17
Telecom Stocks Fall After SpaceX Buys Spectrum for Starlink Mobile
Original: T, TMUS, VZ Stocks Plunge After-Hours As SpaceX Buys 800 MHz Spectrum For Starlink Mobile
Shares of AT&T, T-Mobile and Verizon dropped in after-hours trading following news that SpaceX has purchased 800 MHz spectrum, a move widely read as laying the groundwork for a direct-to-mobile Starlink service. Investors saw the deal as a potential threat to the three major US carriers' dominance in wireless communications.
Why now: SpaceX entering the mobile spectrum business is seen as a serious competitive threat to the big US carriers.
SpaceXAT&TT-MobileVerizonStarlink
Rank over time, top of the chart is #1. 5 snapshots from 1 d ago to 1 d ago.
Evidence
- T, TMUS, VZ Stocks Plunge After-Hours As SpaceX Buys 800 MHz Spectrum For Starlink Mobile · Yahoo Finance
API: https://socialmediatrends-api.osmike.com/v1/trends/1557457