SpaceX's Starlink is expanding its mobile service by acquiring up to 14 MHz of low-band spectrum, challenging major US wireless carriers like AT&T, Verizon, and T-Mobile. This spectrum will improve Starlink Mobile's coverage by allowing signals to travel farther and penetrate buildings, addressing a key limitation of satellite phone services. The move follows FCC approval for Starlink's next-gen constellation of 15,000 satellites, which will boost bandwidth and direct-to-device connectivity. Investors reacted negatively to this increased competition, causing shares of the major carriers to drop over 6% in after-hours trading. The full impact depends on service quality, network rollout, and infrastructure costs.
SpaceX's SPCX shares rose 2.87% to USD 165.18 as of Oct 09, 2026 20:32 WIB on Pluang, despite increased competition. AT&T's T shares fell sharply by 9.17% to USD 22.35, while T-Mobile's TMUS dropped 9.68% to USD 154.73. Verizon's VZ also declined 6.47% to USD 42.69, showing investor concern over the mobile market shifts.
AST SpaceMobile's stock fell 6% after SpaceX agreed to acquire a nationwide low-band spectrum portfolio that AST had been pursuing, closing off a key option for expanding its satellite phone service. This spectrum is crucial for direct-to-device sate...
SpaceX's purchase of nationwide low-band spectrum enables its Starlink service to operate as an independent cellular network, challenging traditional carriers Verizon and AT&T, whose stocks fell 7% amid fears of increased competition. This move expan...
SpaceX went public at a record $1.77 trillion valuation and has since grown to over $2.1 trillion as of October 9, 2026. Early investors have seen significant gains, with the stock price rising from $135 at IPO to $166.69 in pre-market trading. Howev...
President Donald Trump purchased $1-5 million in SpaceX bonds just two days before signing a major order to accelerate the U.S. commercial space industry. The order aims to increase launch and reentry operations in the U.S. to over 1,000 annually by ...
Tesla and SpaceX, two major ventures of Elon Musk, show contrasting growth paths through 2027. Tesla focuses on vehicle sales and AI investments, delivering 480,126 cars in Q2 with rising AI expenses impacting margins. SpaceX, now public, posted $7.8...
