AT&T, Verizon and T-Mobile shares fall amid SpaceX cell tower talks
Key points
- Forbes reports AT&T, Verizon and T-Mobile shares fell.
- The article says SpaceX reportedly held talks with cell tower companies for Starlink mobile service.
Forbes reports that shares of AT&T, Verizon and T-Mobile moved lower after news that SpaceX reportedly held talks with cell tower companies about Starlink mobile service. The report says the discussions involve cell tower access for the service. Forbes does not provide additional details in the headline or preview text.
Original reporting
This page summarizes reporting by Forbes, originally published October 23, 2026 at 9:25 AM under the headline "AT&T, Verizon, T-Mobile Shares Slip As SpaceX Reportedly Holds Cell Tower Talks For Starlink Mobile". All rights to the original article belong to Forbes.
Continue reading the full story at ForbesKeep reading
More coverage of this story
- Stocks Down Under · Oct 23, 2026SpaceX (NASDAQ:SPCX) Eyes 80,000 Cell Sites. Why Are AT&T, Verizon and T-Mobile Falling?
- Investopedia · Oct 23, 2026SpaceX Talks Send Cell Tower Stocks Surging
- Yahoo Finance · Oct 23, 2026Telecom Stocks Fall as SpaceX Eyes 80,000 Cell Sites: T-Mobile Sinks 5%, AT&T Drops 4%, Verizon Slides 3%
- Barron's on MSN · Oct 23, 2026Crown Castle Stock and Others Get a Huge Boost From SpaceX’s Cell Tower Push
- Yahoo Finance · Oct 22, 2026SpaceX in talks over 80,000 cell sites to build new wireless network - Bloomberg
- Yahoo Finance · 23h agoSpaceX Q3 Sales Rose 161% in Q3. Here's What Starlink, Starship, and AI Results Reveal About the Stock.