SpaceX plans to connect with 80,000 US base stations; AT, Verizon, and T-Mobile stock prices fall
2026-10-23 23:23:49
According to CoinMeta, SpaceX is seeking to connect with 80,000 American base stations, a move that has caused the stock prices of AT &T, Verizon, and T-Mobile to fall by approximately 5.5%, 3%, and 3.8% respectively. Meanwhile, the stock price of Crown Castle, which owns these base stations, has risen by more than 13%. It is reported that SpaceX is in negotiations with major tower operators, although the agreement for the 80,000 base stations has not yet been confirmed. This move has raised concerns that SpaceX may become a direct competitor to AT &T, Verizon, and T-Mobile.
Source:Coinpaper
This content is for market information only and does not constitute investment advice.
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