{"id":876378,"date":"2026-10-09T14:16:10","date_gmt":"2026-10-09T14:16:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/876378\/"},"modified":"2026-10-09T14:16:10","modified_gmt":"2026-10-09T14:16:10","slug":"spacexs-next-starlink-move-could-squeeze-att-verizon-and-even-apple-and-samsung","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/876378\/","title":{"rendered":"SpaceX’s next Starlink move could squeeze AT&T, Verizon \u2014 and even Apple and Samsung"},"content":{"rendered":"\n

If SpaceX (SPCX<\/a>) CEO Elon Musk wants to put\u00a0pressure on wireless carriers<\/a>\u00a0\u2014 and even Apple (AAPL<\/a>) and Samsung (005930.KS<\/a>) \u2014 he would develop a phone to run specifically on Starlink. <\/p>\n

“Elon says he doesn’t want to make a phone,” well-known tech analyst Gene Munster wrote in a new X post<\/a>. “I still think SpaceX eventually will. A vertically integrated handset on a Starlink mobile network could deliver features carriers can’t match, and cheaper service. That’s a bigger problem for Samsung than Apple. Apple’s device and services tie-in is harder to break.” <\/p>\n

Musk’s SpaceX just sent a strong message to the wireless industry: It’s coming for its share of the subscriber pie. <\/p>\n

\"SpaceX<\/a> SpaceX Chief Engineer Elon Musk raises his phone towards the sky during a joint news conference with T-Mobile CEO Mike Sievert (not pictured) at the SpaceX Starbase, in Brownsville, Texas, U.S., August 25, 2022. REUTERS\/Adrees Latif \u00b7 REUTERS \/ REUTERS <\/p>\n

Late Thursday, SpaceX said it will acquire a nationwide low-band spectrum portfolio<\/a>. It positions Musk’s satellite business Starlink to challenge legacy wireless giants across the US. <\/p>\n

Shares of AT&T (T<\/a>), T-Mobile (TMUS<\/a>), and Verizon (VZ<\/a>) were down in premarket trading on Friday on the news. SpaceX shares rose 4%. <\/p>\n

22.94 -1.65 (-6.72%) <\/p>\n

As of 10:16:02 AM EDT. Market Open. <\/p>\n

T VZ SPCX <\/p>\n

Concerns had already escalated across Wall Street that Starlink could disrupt legacy wireless operators like AT&T, Verizon, and T-Mobile by transitioning from a rural broadband service into a direct mobile competitor. <\/p>\n

Following its strategic acquisition of terrestrial spectrum and rapid deployment of advanced satellites, SpaceX had laid the groundwork to launch its own standalone cellular network alongside its direct-to-cell capabilities. <\/p>\n

Now it looks like all systems are go for SpaceX. <\/p>\n

“We think the addition of low-band spectrum makes Starlink a more credible Mobile operator given the ability of the lower band spectrum to penetrate buildings,” KeyBanc analyst Brandon Nispel said. <\/p>\n

Brian Sozzi<\/a> is Yahoo Finance’s Executive Editor, host of the Sozzi Unleashed<\/a> morning show, the ‘Power Players With Brian Sozzi’<\/a> podcast and a member of Yahoo Finance’s editorial leadership team. Follow Sozzi on X @BrianSozzi<\/a>, Instagram<\/a>, and LinkedIn<\/a>. Tips on stories? Email brian.sozzi@yahoofinance.com. <\/p>\n

Click here for in-depth analysis of the latest stock market news and events moving stock prices<\/a> <\/p>\n

Read the latest financial and business news from Yahoo Finance<\/a> <\/p>\n