u/According-Buyer6688 · 11d ago2 prior · awaiting results
T-mobile, Verizon and AT&T - is the market reaction right?
The market overreacted to SpaceX's satellite news. SpaceX faces years of regulatory hurdles and massive capex requirements, and the economics of direct competition are weak. Partnership makes more strategic sense, and Musk's track record of abandoning projects suggests the telco threat is overstated.