✉news ScienceSpace first seen 22 h ago, last 7 h ago, peak #2
SpaceX spectrum deal sends telecom shares tumbling
Original: SpaceX deal to acquire spectrum license hammers shares of AT&T, Verizon and T-Mobile
SpaceX has agreed to acquire a spectrum license, a move that hit the share prices of AT&T, Verizon and T-Mobile as investors weighed the prospect of new satellite-based competition in wireless services. The deal suggests Elon Musk's company plans to expand further into mobile connectivity, putting pressure on the established US carriers.
Why now: Investors fear SpaceX's entry into spectrum-based wireless service threatens the business of the major US carriers.
SpaceXAT&TVerizonT-MobileElon Musk
Rank over time, top of the chart is #1. 12 snapshots from 22 h ago to 7 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1535974