Elon Musk's SpaceX is negotiating with cellular infrastructure providers to launch a fourth national wireless carrier in the US. This move aims to expand SpaceX's current satellite internet service, Starlink, by adding cellular network capabilities. The prospect of new competition has caused shares of the three major US carriers—T-Mobile, Verizon, and AT&T—to drop sharply. If successful, SpaceX could significantly disrupt the existing telecom market landscape.
SpaceX leads with a market cap of $2.16 trillion and a 2.83% gain on Pluang as of Oct 23, 2026 16:11 WIB, reflecting strong investor interest amid its plans to launch a fourth US wireless carrier. Meanwhile, major telecom stocks T-Mobile, Verizon, and AT&T have fallen sharply, with T-Mobile down 3.77%, Verizon down 3.27%, and AT&T down 3.67% on Pluang at the same time. This trading pattern highlights the market's reaction to potential disruption in the US telecom sector.
SpaceX announced an $8 billion deal for nationwide 800 MHz spectrum, intensifying competition for Verizon ahead of its Q3 earnings report on October 26. Verizon has shown steady growth with improved revenue and reduced churn, but SpaceX's entry with ...
AT&T reported Q3 2026 results beating revenue and profit expectations and raised its full-year profit outlook, but its shares dropped 5%. The decline reflects a non-cash impairment charge related to its Mexico wireless business, which AT&T is selling...
Leading global telecom operators like T-Mobile, Deutsche Telekom, and Orange are integrating NVIDIA's AI-powered computing into their 5G networks to bring intelligence closer to users and businesses. This includes the world's first AI-RAN call by T-M...
T-Mobile's stock lost over $20 billion in value following SpaceX's $8 billion acquisition of 800 MHz spectrum, which T-Mobile had previously sold. Despite this setback, T-Mobile continues to show strong financial health with 9% year-over-year service...
