SpaceX's stock rose 4% following reports that it is in talks to acquire Boost Mobile from EchoStar, potentially giving SpaceX its own ground network. This move could allow SpaceX to compete directly with major U.S. wireless carriers without relying on T-Mobile's network. The deal, if confirmed, would complement SpaceX's satellite broadband service Starlink Mobile, which already has millions of subscribers. However, the talks are unconfirmed and the financial terms undisclosed, with regulatory approvals still pending for related spectrum purchases. Investors remain cautious until more details emerge.
SpaceX shares are up 4.49% at USD 140.74 as of Nov 02, 2026 23:13 WIB on Pluang, reflecting strong market interest. EchoStar, the reported seller of Boost Mobile, also gained 3.16% to USD 100.00. Meanwhile, AST SpaceMobile fell 5.36% to USD 38.78, showing a contrasting move in related satellite communications stocks.
SpaceX is reportedly negotiating to buy Boost Mobile or lease its cellular network as part of its plan to establish a fourth major wireless carrier in the U.S. This move aligns with SpaceX's ambitious goal to reach $1 trillion in revenue by 2027 and ...
SpaceX stock fell 5.13% over the past two months, with a $1,000 investment now worth about $949. Investors are cautious due to the company's heavy AI investments, including a major deal with Anthropic, and high capital expenditures projected for Q4. ...
A federal judge denied SpaceXAI's motion to dismiss a lawsuit filed by the NAACP alleging violations of the Clean Air Act. The suit claims SpaceX's AI division used 27 gas-fired turbines without proper permits to power data centers in Mississippi, ca...
T-Mobile's stock rose 7% following new estimates that SpaceX may need an additional $120-$130 billion to build a rival U.S. wireless network, raising concerns about SpaceX's competitive threat. Despite T-Mobile's strong Q3 earnings and raised forecas...
SpaceX stock declined nearly 9% in October, dropping from $150.86 to $137.46 despite early-month gains above $170. Investors who bought in September or early October faced losses, though the stock remains above its IPO price of $135. Analysts remain ...
