{"id":2681348,"date":"2026-10-11T12:16:00","date_gmt":"2026-10-11T16:16:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/t-mobile-att-share-prices-plummet-as-musk-makes-move-to-shake-up-the-industry\/"},"modified":"2026-10-11T12:22:06","modified_gmt":"2026-10-11T16:22:06","slug":"t-mobile-att-share-prices-plummet-as-musk-makes-move-to-shake-up-the-industry","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/t-mobile-att-share-prices-plummet-as-musk-makes-move-to-shake-up-the-industry\/","title":{"rendered":"T-Mobile, AT&#038;T Share Prices Plummet as Musk Makes Move to Shake Up the Industry"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ft-mobile-att-share-prices-plummet-as-musk-makes-move-to-shake-up-the-industry%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2681348&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>SpaceX plans to acquire advanced spectrum technology to rival customary phone carriers across the U.S. The company, led by Elon Musk, will purchase a nationwide <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/spacex-moves-to-turn-starlink-into-next-major-us-mobile-carrier\/\" title=\"... moves to turn Starlink into next major US mobile carrier\">low-band spectrum<\/a> licence for $8 billion, enabling it to expand Starlink Mobile\u2019s satellite-to-cellular service. This new technology promises better obstacle penetration, such as walls and trees, allowing for direct satellite-based mobile coverage without reliance on cell towers. The move comes after regulatory approval of thousands of Starlink satellites, and upon deployment, Starlink Mobile aims to provide comprehensive, high-speed coverage indoors, outdoors, and in dead zones. The initiative could transform mobile connectivity by integrating satellite and terrestrial networks, with most existing mobile devices supporting the new spectrum. this strategy positions SpaceX as potentially the first to offer a seamless, nationwide network combining satellite and ground-based infrastructure, challenging existing telecom giants and extending interaction services to previously unreachable areas.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><br \/>\n<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><\/p>\n<p>SpaceX announced they will acquire technology that will allow them to challenge phone carriers across the United States with satellite-based service.<\/p>\n<p>Reuters <a href=\"https:\/\/www.reuters.com\/business\/media-telecom\/spacex-acquire-spectrum-that-enables-starlink-mobile-services-2026-10-08\/\" target=\"_blank\" rel=\"noopener\">reported<\/a> on Thursday that the rocket company led by Elon Musk will purchase a nationwide low-band spectrum portfolio for $8 billion from private equity firm Grain Management.<\/p>\n<p>While Starlink Mobile already has satellite-to-cellular service with 2 GHZ mid-band spectrum, the new technology will let the company provide cell service through obstacles like walls and trees, according to Reuters.<\/p>\n<p>That means SpaceX could entirely bypass cell tower infrastructure and provide cell phone service directly from space.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83c\uddfa\ud83c\uddf8 JUST IN: Elon Musk\u2019s SpaceX is buying nationwide spectrum to make Starlink a major telecom operator in the US.<\/p>\n<p>SpaceX has agreed to acquire a <a href=\"https:\/\/amzn.to\/3YuVZYV\" >nationwide low band spectrum license portfolio<\/a>, per Reuters.<\/p>\n<p>Carrier stocks dropped after hours:<\/p>\n<p>\u2013 AT&#038;T: down 3.6%<\/p>\n<p>\u2013 Verizon: down 3%<\/p>\n<p>\u2013 T-Mobile: down 2.7%<\/p>\n<p>It comes two days after the FCC approved 15,000 Starlink Mobile satellites and waived a rule requiring SpaceX to lease through a ground carrier.<\/p>\n<p>\u2014 Coin Bureau (@coinbureau) <a href=\"https:\/\/x.com\/coinbureau\/status\/2108297106381521234?\">October 8, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>  prices for carriers such as T-Mobile and AT&#038;T declined 11 percent and 7.4 percent respectively upon the announcement from SpaceX, according to a <a href=\"https:\/\/www.cbsnews.com\/news\/spacex-starlink-mobile-carrier-radio-airwaves\/\" target=\"_blank\" rel=\"noopener\">report<\/a> from CBS News.<\/p>\n<p>Beyond challenging traditional cell carriers, SpaceX would be able to provide satellite connectivity that extends beyond emergency service in dead zones.<\/p>\n<p>\u201cThis is the last critical piece of the spectrum puzzle needed for SpaceX to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elon-musks-starlink-set-to-become-a-major-mobile-carrier-after-unlocking-the-last-critical-piece-of-the-spectrum-puzzle\/\" title=\"...&#039;s Starlink Set to Become a &#039;...&#039; After Unlocking &#039;The Last Critical Piece of the ... Puzzle&#039;\">provide complete phone coverage<\/a> in America,\u201d Musk described on social media.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">This is the last critical piece of the spectrum puzzle needed for SpaceX to provide complete phone coverage in America<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/x.com\/elonmusk\/status\/2108296168094544099?\">October 8, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>SpaceX said in a <a href=\"https:\/\/www.spacex.com\/updates#starlink-mobile-spectrum\" target=\"_blank\" rel=\"noopener\">statement<\/a> that once they receive approval from the Federal Communications Commission, Starlink Mobile \u201cwill deploy a flexible architecture combining our satellite-to-mobile constellation in space with an advanced terrestrial deployment that can seamlessly connect devices everywhere.\u201d<\/p>\n<p>\u201cWhile Starlink Mobile\u2019s global 2 GHz mid-band spectrum will provide high-bandwidth capacity in the United States, this new low-band spectrum will provide a coverage layer that ensures Starlink Mobile\u2019s signal penetrates through obstacles, such as walls, and can provide service to customers\u2019 devices even when they are in buildings,\u201d the company described.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">We announced an agreement to acquire a nationwide low-band spectrum license portfolio that will pave the way for @Starlink to become a major mobile carrier in the US.<\/p>\n<p>With this new spectrum and our Gen2 constellation, Starlink Mobile can ensure Americans have access to high-speed mobile broadband no matter where they are \u2192 https:\/\/t.co\/1Uaf48v5pm<\/p>\n<p>\u2014 SpaceX (@SpaceX) <a href=\"https:\/\/x.com\/SpaceX\/status\/2108291133025698301?\">October 8, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>  \u201cCritically, most existing mobile devices already support this underused band.\u201d<\/p>\n<p>The technology would allow SpaceX to become the \u201cfirst network operator to deploy both satellite and terrestrial spectrum.\u201d<\/p>\n<p>\u201cOne network that provides Americans with a reliable service indoors, outdoors, in cellular dead zones, and everywhere in between,\u201d the company added.<\/p>\n<div style=\"background-color: #f7f7f7; 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