Daily Market Updates: SpaceX Telecom Ambitions Aren’t Reason to Fear This ETF

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SpaceX Telecom Ambitions Aren’t Reason to Fear This ETF

Reported · Written up by our desk · Equity Funds

For the week ending Tuesday, Oct. 13, shares of SpaceX (SPCX) slumped nearly 9%. Part of the drag on the stock was reaction to the company’s telecom ambitions. SpaceX’s Starlink is a major provider of satellite internet services, with clear telecom inroads. The stock is classified, by some index providers, as a communication services name. [...] The post SpaceX Telecom Ambitions Aren’t Reason to Fear This ETF appeared first on ETF Trends .

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ETF TrendsSpaceX Telecom Ambitions Aren’t Reason to Fear This ETF

ETFs & Funds

SpaceX Telecom Ambitions Aren’t Reason to Fear This ETF

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