🚀 $SPCXB : SPACEX ENTERS THE MOBILE COMMUNICATIONS MARKET — TELECOM STOCKS LOSE UP TO 7.5%!
On October 8, SpaceX announced a deal to acquire spectrum across the United States: up to 14 MHz of paired spectrum in the 800 MHz band. Competitors’ reaction? In after-hours trading, AT&T fell 7.5%, Verizon 7%, and T-Mobile 6.7%.
🛰️ A second blow to the market: the U.S. regulator, the FCC, approved an application for a Gen2 satellite constellation of 15,000 spacecraft. Together with the new spectrum, this lays the groundwork for expanded “satellite-to-smartphone” connectivity.
💰 Why does this matter for $SPCXB ? SpaceX aims to expand beyond rocket launches and satellite internet. Mobile plans could become another source of recurring revenue — if the company can build a competitive network.
📈 Bullish: a huge new market, spectrum, and regulatory progress.
📉 Bearish: the deal still needs FCC approval; building out the network will require major investment, and competitors won’t give up without a fight.
⚡ Telecom stocks have already reacted. But can SpaceX really take their subscribers? The market reaction is not yet proof of future profits or growth for $SPCXB .
$SPCXB — BUY or WAIT? 👇
#spcxb #SpaceX #starlink #StarlinkMobile #bStocks
On October 8, SpaceX announced a deal to acquire spectrum across the United States: up to 14 MHz of paired spectrum in the 800 MHz band. Competitors’ reaction? In after-hours trading, AT&T fell 7.5%, Verizon 7%, and T-Mobile 6.7%.
🛰️ A second blow to the market: the U.S. regulator, the FCC, approved an application for a Gen2 satellite constellation of 15,000 spacecraft. Together with the new spectrum, this lays the groundwork for expanded “satellite-to-smartphone” connectivity.
💰 Why does this matter for $SPCXB ? SpaceX aims to expand beyond rocket launches and satellite internet. Mobile plans could become another source of recurring revenue — if the company can build a competitive network.
📈 Bullish: a huge new market, spectrum, and regulatory progress.
📉 Bearish: the deal still needs FCC approval; building out the network will require major investment, and competitors won’t give up without a fight.
⚡ Telecom stocks have already reacted. But can SpaceX really take their subscribers? The market reaction is not yet proof of future profits or growth for $SPCXB .
$SPCXB — BUY or WAIT? 👇
#spcxb #SpaceX #starlink #StarlinkMobile #bStocks