SpaceX Sparks Carrier Selloff
SpaceX just detonated the telecom status quo, winning FCC approval for 15,000 direct-to-device satellites and grabbing nationwide spectrum in a deal valued near $8 billion. Suddenly, the Big Three—AT&T, Verizon, and T-Mobile—saw over $50 billion wiped off their market value in a single day, their worst losses in years. The threat isn’t immediate disruption but a massive shift in negotiating power: with both spectrum and satellite capability, Starlink Mobile can strike deals that reshape rural coverage, squeeze cable companies, and add resilience for critical services. But here’s the catch…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.