On October 8, 2026, ARK Invest sold 29,048 shares of SpaceX just hours before Grain Management announced a major deal selling its 800 MHz spectrum portfolio to SpaceX. This spectrum acquisition could enable SpaceX to become a new national wireless competitor, causing major wireless carriers like T-Mobile, AT&T, and Verizon to drop sharply the next day. The deal still requires FCC approval, and SpaceX’s stock price already reflects high expectations for its phone business. The key next step is the FCC's decision on the spectrum transfer, which will influence SpaceX's future valuation and competitive threat to carriers.
SpaceX shares have gained 1.53% to USD 165.05 on Pluang, showing resilience after the spectrum deal news. Meanwhile, major wireless carriers like T-Mobile, AT&T, and Verizon are also up by 3.01%, 1.13%, and 1.85% respectively, as of Oct 12, 2026 21:42 WIB. This suggests the market is still digesting the potential impact of the spectrum acquisition.
Verizon's stock fell about 10% following SpaceX's acquisition of up to 14 MHz of low-band spectrum, enhancing Starlink Mobile's coverage but not fully resolving capacity constraints. Despite the drop, Verizon added 184,000 postpaid phone and 348,000 ...
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SpaceX has been rated a Buy due to Starlink's strong $1.66 billion operating profit, which nearly offsets losses from SpaceX's rocket and AI ventures. Starlink's business and government revenue is growing faster than its consumer segment. Additionall...
SpaceX seeks FCC approval for up to one million satellites, raising concerns among experts about a potential debris cascade in orbit. A recent physics paper warns that constellations above a critical size can create runaway debris problems, threateni...
SpaceX stock has gained nearly 22% over the past two months, driven by investor interest in its expanding business beyond rockets, especially Starlink's satellite internet and new mobile telecom ventures. The company plans to acquire $8 billion in wi...
