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 forecasts, its stock remains down 21% year-to-date. Verizon and AT&T also gained, benefiting from steady subscription revenues amid a tech selloff impacting SpaceX. The telecom sector faces uncertainty as SpaceX's high costs and spectrum needs challenge its entry, while incumbents focus on customer retention and network expansion.
T-Mobile shares surged 7.18% to USD 157.87 on Pluang as of Oct 30, 2026 23:21 WIB, reflecting strong investor interest despite a 21% drop year-to-date. SpaceX fell 4.09% to USD 138.00, showing market caution amid concerns over its costly wireless network plans. Verizon and AT&T also gained, with Verizon up 3.00% at USD 44.97 and AT&T rising 2.51% to USD 21.45, benefiting from steady subscription revenues during this sector volatility.
T-Mobile's CEO Srini Gopalan stated there is no room for a SpaceX mobile virtual network operator (MVNO) deal, as satellite service does not provide access to new customers beyond T-Mobile's reach. He emphasized that satellite networks, like SpaceX's...
The Undercovered Dozen is a weekly series that spotlights 12 lesser-covered stocks with actionable investment ideas, including companies like i-80 Gold, Hercules Capital, and Aya Gold & Silver rated Buy or Strong Buy. The list features a mix of growt...
Verizon's stock fell 4% following its Q3 2026 earnings report, where revenue missed analyst expectations despite strong subscriber gains and a raised full-year outlook. The company posted its best third-quarter postpaid phone additions in five years ...
