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At close · Thu, Oct 8, 2026
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Home›Global Markets›Trade & Tariffs›SpaceX deal to buy nationwide spectrum portfolio weigh…

SpaceX deal to buy nationwide spectrum portfolio weighs on telecom stocks

Reported · Written up by our desk · Trade & Tariffs

CNBC Markets reports that SpaceX agreed to purchase a nationwide spectrum portfolio as it pushes its Starlink service deeper into the U.S. telecommunications market.

The deal is described as weighing on shares of major wireless carriers, including AT&T, Verizon, and T-Mobile.

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Sources

CNBC MarketsSpaceX deal to acquire spectrum license hammers shares of AT&T, Verizon and T-Mobile
CNBC WorldSpaceX deal to acquire spectrum license hammers shares of AT&T, Verizon and T-Mobile

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