GgoogleGB first seen 20 h ago, last 20 h ago, peak #2
Verizon posts worst day since 2002 on SpaceX network plans
Original: t
Verizon shares suffered their worst single-day drop since 2002 after SpaceX outlined plans to build a direct-to-cell satellite network in the United States. The announcement hit telecom stocks broadly, with investors worried satellite-to-phone service could erode carriers' dominance. Rivals including AT&T and T-Mobile also came under pressure as traders reassessed competition in wireless.
Why now: SpaceX's plans for satellite-based mobile coverage in the US threaten the business models of traditional cell carriers.
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API: https://socialmediatrends-api.osmike.com/v1/trends/1674998