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Elon Musk’s growing SpaceX empire sends AT&T, Verizon and T-Mobile shares plunging

Shares of AT&T, Verizon, and T-Mobile plummeted by double digits today as Elon Musk's SpaceX received FCC approval for a massive satellite launch. Analysts remain skeptical about SpaceX's ability to compete in the mobile market amid concern...

NBC News· Oct 10, 2026 · 10:58 AM · 3 views

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Shares of AT&T, Verizon, and T-Mobile plummeted by double digits today as Elon Musk's SpaceX received FCC approval for a massive satellite launch. Analysts remain skeptical about SpaceX's ability to compete in the mobile market amid concerns over investment and infrastructure challenges.

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#news #breaking #SpaceX #telecom #ElonMusk #stocks #market

Originally reported by NBC News. Read the full story →

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