From Seekingalpha · James Foord · · 30s
AT&T's SpaceX Panic Offers Investment Boost
AT&T's SpaceX threat could boost stock despite recent drop.
In brief
AT&T's SpaceX threat could boost stock despite recent drop. AT&T's stock may rise as SpaceX's Starlink Mobile threat is seen as a temporary market scare. Originally reported by Seekingalpha.
AT&T stock drop
AT&T fell 8% last Friday and now trades at $21 per share.
Starlink Mobile threat
SpaceX negotiating access to AT&T's network could trigger 2028 competition.
Strong financials
AT&T offers 8.4% free cash flow yield and strong dividend coverage even in price wars.
What to remember
AT&T's stock may rise as SpaceX's Starlink Mobile threat is seen as a temporary market scare.
