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✉news ScienceSpace first seen 4 d ago, last 4 d ago, peak #25

T-Mobile rises as Raymond James plays down SpaceX threat

Original: T-Mobile trades higher after Raymond James says the SpaceX threat is overstated

T-Mobile shares traded higher after analyst firm Raymond James argued that concerns about SpaceX's direct-to-cell ambitions threatening the carrier are overstated. The note reassured investors, lifting the stock as markets weighed how much of a competitive risk Elon Musk's satellite network really poses to US telecom operators.

Why now: A respected analyst firm publicly dismissed a feared competitive threat, moving the stock and prompting investor debate.

T-MobileRaymond JamesSpaceX

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