✉news ScienceSpace first seen 2 d ago, last 1 d ago, peak #1
SpaceX move into direct-to-phone service rattles US carriers
Original: Elon Musk's SpaceX just made a huge play to challenge the phone industry and stocks like AT&T, T-Mobile and Verizon are getting crushed
Elon Musk's SpaceX has made a major push to challenge the mobile phone industry, and shares of carriers including AT&T, T-Mobile and Verizon are being hit hard as a result. Investors appear to be weighing what SpaceX's satellite-based ambitions could mean for the traditional telecom business model, with the market reacting sharply to the news.
Why now: SpaceX's entry into the telecom space is shaking investor confidence in major US mobile carriers
Elon MuskSpaceXAT&TT-MobileVerizon
Evidence
- Elon Musk's SpaceX just made a huge play to challenge the phone industry and stocks like AT&T, T-Mobile and Verizon are getting crushed · Yahoo Finance
API: https://socialmediatrends-api.osmike.com/v1/trends/1543220