EconomyVerizon suffers worst day since 2002 as SpaceX’s U.S. network plans hit telecom stocks
SpaceX announced a spectrum deal Thursday as it seeks to expand further into telecom through Starlink. Its plans battered mobile carrier stocks, sending Verizon to its steepest one-day decline since 2002.
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CNBC★★☆☆☆2026-10-09 20:16Original
Verizon suffers worst day since 2002 as SpaceX’s U.S. network plans hit telecom stocks
Economy