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Friday, October 23, 2026Updated 10:29 UTC

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The mobile ambitions of SpaceX see telecom stocks get hit again. What the latest developments mean.

Source: MarketWatch · Oct 23, 2026 09:01 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Reports of Starlink’s discussions with cell-tower owners were taken badly by shareholders of Verizon, AT&T and T-Mobile.

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