✉news ScienceSpace first seen 7 h ago, last 6 h ago, peak #24
SpaceX Spectrum Deal Shakes Up US Telecom Stocks
Original: SpaceX Climbs 4% on Nationwide Low-Band Spectrum Deal for Starlink Mobile; Verizon and AT&T Drop 7%
SpaceX shares or valuation sentiment rose about 4% after the company secured a nationwide low-band spectrum deal to support its Starlink direct-to-mobile service. Shares in Verizon and AT&T fell roughly 7% on the news, as investors weighed the competitive threat of satellite-based mobile connectivity to the established US carriers.
Why now: Investors see SpaceX's spectrum deal as a direct competitive threat to Verizon and AT&T's mobile business.
Rank over time, top of the chart is #1. 2 snapshots from 7 h ago to 6 h ago.
Evidence
- SpaceX Climbs 4% on Nationwide Low-Band Spectrum Deal for Starlink Mobile; Verizon and AT&T Drop 7% · Yahoo Finance
API: https://socialmediatrends-api.osmike.com/v1/trends/1614511