SpaceX Is Going to Create Its Mobile Network: Telecoms Are Falling on the Stock Exchange, Orange Is Not Spared
6 Articles
6 Articles
An advance by Elon Musk's space company SpaceX is putting the mobile communications industry into turmoil. Deutsche Telekom is hit particularly hard.
By formalizing its mobile network project, SpaceX has brought down telecoms on the stock exchange. As a result of contagion, the European market is in turn reeling, pushing Orange down.
Several mobile operators are dropping out after SpaceX wants to use Starlink satellites as mobile operators.
Swedish telecom operators are falling on the stock market on Friday. The fact that Elon Musk's space company Space X has entered the mobile market is lowering several American operators - and is also being pointed out as a future threat to the Swedish companies.
SpaceX's offensive to turn Starlink into a great American mobile operator shakes the European Stock Exchanges and threatens the business of giants like T-Mobile, AT&T and Verizon.
After the losses of the previous day, the Dax recovers. SpaceX's attack on US mobile operators sends its shares on downhill, Deutsche Telekom is also affected. Speculation about OpenAI's annual sales also burden AI shares.
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