This period's SpaceX activity centers on a major business move: the company acquired cellular spectrum from Grain Management to launch Starlink Mobile, a direct-to-phone satellite service. The deal triggered sharp declines in AT&T, Verizon, and T-Mobile shares as investors weighed the competitive threat. Analysts called the sell-off overblown and advised buying the dip.
- SpaceX acquired cellular spectrum from Grain Management to launch Starlink Mobile, a direct-to-phone satellite service.
- The deal sent AT&T, Verizon, and T-Mobile shares tumbling as investors assessed the competitive threat.
- Analysts advised buying the dip, calling the sell-off overblown.

























