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Today in Telecom Stocks · October 10, 2026

SpaceX spectrum deal hits telecoms; tower REITs rise

Reuters reports US and European telecom stocks slid as the SpaceX spectrum deal weighed on the sector.
Reuters

Verizon posted its worst day since 2002 as SpaceX's U.S. network plans hit cell provider stocks, per CNBC.
CNBC

Deutsche Telekom shares fell 7% after the SpaceX spectrum deal, according to Reuters.
Reuters

Telecom tower REIT stocks, including CCI, jumped after the SpaceX-Grain Management spectrum deal.
Seeking Alpha

Citi says buy AT&T stock after the SpaceX spectrum selloff, per Barron's.
Barron's

Startup Fortune reports SpaceX's Grain Management spectrum purchase wiped $39 billion off telecom stocks.
Startup Fortune

Treasury yields hit 24-year highs in the same week telecom stocks sold off, per TradingView.
TradingView

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