US Telecom Stocks Fall as SpaceX’s Wireless Ambitions Threaten Established Carriers

SpaceX Could Be a Game Changer for These 2 Dividend Stocks

Key PointsSpaceX is reportedly seeking to lease space on 80,000 U.S. towers. That's a potential boon for leading infrastructure REITs Crown Castle and American Tower. Crown Castle has more to gain from a potential deal, while American Tower has a more diversified platform. Motley Fool Issues Rare "Total Conviction" Buy Alert › SpaceX (NASDAQ:SPCX) could be preparing to shake up the U.S. wireless industry. The company reportedly wants to build a …

'It's not something that gets done overnight': SpaceX's telecom ambitions will be hard-won, CEOs and analysts say

'It's not something that gets done overnight': SpaceX's telecom ambitions will be hard-won, CEOs and analysts say Elon Musk wants SpaceX (SPCX) to take on America's largest cell service providers, but matching the telecom giants' vast wireless networks could take years and billions of dollars,…

US Telecom Stocks Fall as SpaceX’s Wireless Ambitions Threaten Established Carriers

US telecommunications stocks fell on Friday after a report that SpaceX was seeking access to at least 80,000 cellular sites to build a nationwide wireless network, intensifying concerns that Elon Musk’s company could become a formidable new competitor to established mobile operators. AT&T shares dropped 5.6% to their lowest level in more than three months, […]

SpaceX's Wireless Ambitions Meet a $40 Billion Financing Test

SpaceX shares closed 2.1% higher on Tuesday, but the gain tells two stories at once. Reuters reported that the company is in talks to secure access to at least 80,000 US mobile sites for a planned wireless network — a headline that lifted the stock premarket and, according to Reuters, weighed on established US telecom […]