New Markets
Thursday, 7/2, 08:44 PM
SpaceX's Retail Wireless Push Sends Verizon and AT&T Toward Their Worst Week in Years
- Shares of the big U.S.
- wireless carriers tumbled after a report that SpaceX plans to sell mobile service directly to consumers — turning Starlink from a satellite partner into a would-be rival.
- Verizon fell about 7%, its worst day in nearly three years, and AT&T and T-Mobile slid to 52-week lows.