SpaceX Just Gave Bad News to AT&T, Verizon, and T-Mobile Investors

SpaceX is the first of several potential blockbuster initial public offerings (IPOs) expected in 2026. The company is seeking to raise up to $75 billion at what has grown to become a $2 trillion-plus valuation, according to confidential filings ahead of its public debut.That would be a huge capital raise for the business, giving it lots of cash to invest in its various endeavors, which range from its low-orbit satellite business to plans for putting AI data centers on the Moon. But a well-capitalized SpaceX could be bad news for the three main U.S. wireless carriers: AT&T (NYSE: T), Verizon (NYSE: VZ), and T-Mobile (NASDAQ: TMUS). That threat became even clearer recently.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool