SpaceX challenges operators: A spectrum deal shaking up telecoms

Last updated 10/9/2026

On October 9, 2026, SpaceX shook the American telecommunications sector by announcing the acquisition of a set of low-frequency spectrum licenses, a crucial step for the deployment of its Starlink mobile network. This announcement immediately had significant repercussions on the stock markets, causing a drop in the shares of the three major American telecom operators: AT&T, Verizon, and T-Mobile. After the markets closed on Wall Street, these giants respectively lost 7.64%, 6.69%, and 7.19% of their value in electronic trading, according to Nieuwsblad.be, marking a "black day" for these companies. The acquisition of these licenses is a major development for Starlink Mobile, SpaceX's subsidiary dedicated to mobile services, as it represents "one of the last major barriers" to overcome to establish itself...

Western (Nieuwsblad, Le Soir) and Dissident (Zero Hedge) sources agree in reporting the negative impact on the stock prices of American telecom operators following a SpaceX agreement on spectrum. There is a clear consensus on the event and its immediate economic consequence. The dissonance manifests mainly in tone and interpretation. Zero Hedge (Dissident,...

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