SpaceX is reportedly negotiating access to about 80,000 U.S. cell towers to establish a fourth nationwide wireless carrier, potentially disrupting the telecom market. While major carriers like Verizon, AT&T, and T-Mobile saw stock declines, tower owners Crown Castle and American Tower experienced gains, as they stand to benefit from new leasing deals. No leases have been signed yet, and the plan requires significant investment and regulatory approval. Investors are watching for official contracts and further details in upcoming earnings calls.
Tower owners Crown Castle and American Tower are seeing strong investor interest, with Crown Castle's shares up 13.55% and American Tower's up 10.37% as of Oct 23, 2026 19:41 WIB on Pluang. Crown Castle offers a 5.39% dividend yield, while American Tower yields 3.94%, attracting buyers amid SpaceX's plans to lease up to 80,000 cell towers. Meanwhile, major carriers Verizon and AT&T are down 4.29% and 5.01% respectively, reflecting investor caution in the telecom sector at this time.
Phillip Securities upgraded SpaceX from "Sell" to "Buy" and raised its price target from $75 to $250, citing strong demand and higher contract prices. The analyst increased revenue forecasts for 2026 and 2027 significantly, expecting new capacity to ...
SpaceX stock experienced significant volatility over the past month, with prices fluctuating between $104.83 and $225.64, currently trading near $149. Despite a recent 9.14% drop, the stock remains above its IPO price of $135. The company reported st...
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. ...
SpaceX reported a $561 million unrealized gain from its stake in The Boring Co. during Q3, contributing to a net income of just over $4 billion. The Boring Co., spun out from SpaceX in 2018, recently raised $3 billion at a $23 billion valuation, back...
Elon Musk has pledged about $366 million to influence the 2026 U.S. midterm elections, primarily supporting Republican candidates to maintain a favorable political environment for his companies like Tesla and SpaceX. His businesses, especially SpaceX...
