T-Mobile shares recovered 3% after a historic 13% drop caused by SpaceX's Starlink acquiring new spectrum for satellite phone coverage. This move threatens traditional carriers by enabling satellite-based service without towers, potentially disrupting rural coverage markets. While T-Mobile's stock has been down 23% this year, the recent drop partly reflects concerns about future satellite competition. Investors await SpaceX's regulatory filings to gauge when this new competition might materialize and impact the wireless sector further.
As of Oct 13, 2026 01:02 WIB, T-Mobile shares on Pluang have risen 3.04% to USD 153.09 following their recent sharp decline. Verizon also shows gains, up 2.48% at USD 42.69, while SpaceX edges higher by 1.06% to USD 164.29. Notably, SpaceX's market cap stands at $2.21 trillion, significantly larger than T-Mobile's $159.38 billion, highlighting its growing influence in the sector.
Verizon's stock fell sharply due to SpaceX's Starlink entering the U.S. mobile carrier market, causing its worst single-day drop since 2002. Despite the selloff and mixed recent results, Arete Research remains bullish with a $62 price target, forecas...
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 co...
Amid economic uncertainty and market volatility, Waste Management (WM) and T-Mobile US (TMUS) are highlighted as top dividend growth stocks. WM offers a recession-resistant business model with 5% revenue growth, margin expansion, and double-digit div...
T-Mobile is rated a BUY with moderate to high confidence, offering a potential 30-40% upside to a year-end 2028 fair value of $220 per share. The company trades at about 9.7 times 2026 estimated free cash flow and provides a 2.8% dividend yield, supp...
SpaceX, led by Elon Musk, has secured $8 billion worth of cellular spectrum licenses to build a terrestrial network complementing its Starlink satellite service. This move aims to fill coverage gaps using a combination of ground cell towers and satel...
