US, European telecom stocks slide as SpaceX spectrum deal rattles sector

United States

What to know

  • US and European telecom stocks tumbled following SpaceX's acquisition of an $8 dollar spectrum portfolio, raising satellite-based competition concerns.S1
  • Oil relief lifts European stocks, but telecoms tumble on SpaceX’s US spectrum dealS2
Timeline · newest first
2w Cnbctv18

US, European telecom stocks slide as SpaceX spectrum deal rattles sector

US and European telecom stocks tumbled following SpaceX's acquisition of an $8 dollar spectrum portfolio, raising satellite-based competition concerns.

US, European telecom stocks slide as SpaceX spectrum deal rattles sector

2 outlets 2 reports

What to know

  • US and European telecom stocks tumbled following SpaceX's acquisition of an $8 dollar spectrum portfolio, raising satellite-based competition concerns.S1
  • Oil relief lifts European stocks, but telecoms tumble on SpaceX’s US spectrum dealS2
Timeline · newest first

Sources · 2 citations

S1 Cnbctv18 1 report · EN
S2 InvestingLead 1 report · EN