US telcos shed $45bn in value after SpaceX announces spectrum purchase

Financial Times Friday 09 October 2026, 14:37 UTC 1 min read

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Elon Musk takes big step towards launching Starlink mobile service for US consumers

US (LOCATION) SpaceX (ORG) Elon Musk (PERSON) Starlink (ORG)

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US telcos shed $45bn in value after SpaceX announces spectrum purchase

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