https://www.live-feeds.com/feed/at-t-verizon-and-t-mobile-stocks-slump-as-spacex-announces-key-starlink-mobile-dealContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/at-t-verizon-and-t-mobile-stocks-slump-as-spacex-announces-key-starlink-mobile-dealhttps://www.live-feeds.com/feed/at-t-verizon-and-t-mobile-stocks-slump-as-spacex-announces-key-starlink-mobile-deal#u121364Wed, 14 Oct 2026 09:52:02 +0000Shares of AT&T, Verizon and T-Mobile slumped after SpaceX announced a key spectrum acquisition to launch a Starlink Mobile carrier service. US telecom stocks fell up to 11% as the market reacted to the expansion. The selloff wiped out over $50 billion before lunch following the deal announcement. SpaceX acquired low-band spectrum from Grain Management to push deeper into the telecom sector and challenge traditional carriers. Verizon shares dropped 5.4% amid growing competition concerns.Why it mattersSpaceX revealed its low-band spectrum agreement to expand its Starlink service deeper into