{"id":6979,"date":"2026-10-10T08:04:18","date_gmt":"2026-10-10T08:04:18","guid":{"rendered":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/10\/10\/spacex-spectrum-deal-sends-telecom-stocks-plunging-verizon-suffers-worst-day-since-2002\/"},"modified":"2026-10-10T08:04:18","modified_gmt":"2026-10-10T08:04:18","slug":"spacex-spectrum-deal-sends-telecom-stocks-plunging-verizon-suffers-worst-day-since-2002","status":"publish","type":"post","link":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/10\/10\/spacex-spectrum-deal-sends-telecom-stocks-plunging-verizon-suffers-worst-day-since-2002\/","title":{"rendered":"SpaceX Spectrum Deal Sends Telecom Stocks Plunging; Verizon Suffers Worst Day Since 2002"},"content":{"rendered":"

Telecom giants Verizon, T-Mobile, and AT&T experienced significant stock declines on Friday after SpaceX announced its acquisition of a nationwide spectrum portfolio, a move expected to enhance its Starlink mobile service. Verizon recorded its worst day since 2002, while its competitors also saw substantial losses. FCC Chair Brendan Carr commented that the increased competition in the spectrum market is a positive development for American consumers.<\/p>\n

\"FCC<\/p>\n

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READ MORE FROM CNBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Telecom giants Verizon, T-Mobile, and AT&T experienced significant stock declines on Friday after SpaceX announced its acquisition of a nationwide spectrum portfolio, a move expected to enhance its Starlink mobile service. Verizon recorded its worst day since 2002, while its competitors also saw substantial losses. FCC Chair Brendan Carr commented that the increased competition in […]<\/p>\n","protected":false},"author":1,"featured_media":6980,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108382119-17915608531791560850-48892000025-1080pnbcnews.jpg?v=1791560852&w=750&h=422&vtcrop=y","fifu_image_alt":"","footnotes":""},"categories":[28,31],"tags":[],"class_list":["post-6979","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","category-technology","rifnote_executive-brendan-carr","rifnote_executive-elon-musk"],"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108382119-17915608531791560850-48892000025-1080pnbcnews.jpg?v=1791560852&w=750&h=422&vtcrop=y","_links":{"self":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/6979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/comments?post=6979"}],"version-history":[{"count":0,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/6979\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media\/6980"}],"wp:attachment":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media?parent=6979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/categories?post=6979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/tags?post=6979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}