# SpaceX Telecom Sell-Off and Micron's Strong Buy > SpaceX's $8B spectrum deal sparks telecom stock sell-off as Micron maintains strong buy rating. - Title: SpaceX Telecom Sell-Off and Micron's Strong Buy · Seekingalpha - Summary: SpaceX's $8B spectrum deal sparks telecom stock sell-off as Micron maintains strong buy rating. SpaceX's acquisition of telecom spectrum causes telecom… - Keywords: spacex, telecom, micron, spacex spectrum, telecom stocks, micron earnings, quant strong buy, spacex acquisition, telecom sell-off, micron stock, money, business - Source: Seekingalpha — https://seekingalpha.com/article/4953372-spacex-telecom-sell-off-microns-a-grades-steve-cress-origin-story - Author: Investing Experts Podcast - Published: 2026-10-11T21:50:00+00:00 - Read time: 2 min - Topics: spacex, telecom, micron, spacex spectrum, telecom stocks, micron earnings, quant strong buy, spacex acquisition, telecom sell-off, micron stock, money, business ## SpaceX's $8B Spectrum Deal SpaceX's $8 billion deal to buy a nationwide low-band spectrum portfolio sparked a sudden sell-off in major telecom stocks. > Grain Management said in a statement that SpaceX will acquire 100% of Grain's nationwide spectrum portfolio. ## Telecom Stocks Dip T-Mobile, Verizon, and AT&T shares all dropped in pre-market action following the announcement. > T-Mobile pre-market now down nine percent. ## Starlink Mobile Network Starlink can provide spectrum that's easily accessible and compatible with many phones, but indoor service is limited. > It does not work indoors, even on airplanes. ## Micron's Strong Buy Rating Micron maintains a Quant Strong Buy rating supported by A grades in valuation, growth, profitability, and momentum. > Micron (MU) maintains a Quant Strong Buy rating, supported by A grades in valuation, growth, profitability, and momentum. ## Analyst Revisions 13 analysts revised Micron's earnings estimates up for the fiscal year, with only one down. > For the fiscal year, 13 analysts revised their estimates up. And only one revised it down. ## Earnings Performance Micron has consistently beaten earnings since Q3 2.023, with recent quarters showing extreme growth. > They've beaten every time since the third quarter of 2023. ## Quantitative Analysis The Quant system evaluates stocks using five core investment characteristics: value, growth, profitability, momentum, and revisions. > We look at those five core investment characteristics, where I refer to really as a GARP approach. ## Quant Strong Buy Performance Seeking Alpha's Quant strong buys have outperformed the S&P 500 by 166% over the last five years. > Seeking Alpha Quant strong buys are up 166% compared to Wall Street up about 17%. ## Apple Stock Reaction Apple shares dropped 2.4% on news of reduced iPhone component production, trading at a 68% premium to the sector. > Apple is trading at 38 times versus the sector at 22 times. ## Meta's Ad Ban Meta Platforms banned advertisements from TikTok parent company ByteDance across its platforms in the US and six other countries. > Meta Platforms (META) has banned advertisements from TikTok parent company ByteDance (BDNCE) across its platforms in the US and six other countries. ## Quantitative Ratings Quantitative ratings provide an instant characterization of how a company looks on value, growth, or profitability compared to the sector. > Those factor grades give you an instant characterization of how a company looks on value, growth, or profitability compared to the sector. ## T-Mobile's Defense T-Mobile argues that satellite to phone connectivity is primarily an edge service, while terrestrial 5G networks remain superior for routine indoor usage. > T Mobile argues that satellite to phone connectivity is primarily an edge service, whilst terrestrial 5G network remains a superior option for routine mobile usage indoor coverage. ## Starlink's Limitations Starlink's service is limited to outdoor use and does not work indoors, even on airplanes. > It does not work indoors, even on airplanes. ## Quantitative System The Quant system uses systematic models to generate investment research reports based on data-driven analysis. > We took the systematic models that I had developed for my hedge fund and largely what I ran at Morgan Stanley. ## Apple's Stock Performance Apple has a quant hold rating due to expensive valuation and limited growth potential. > We view the stock as very expensive with limited growth. ## Market Reaction The market reacted positively to SpaceX's announcement, with tech stocks bouncing back after a previous sell-off. > For the most part, a lot of the technology stocks that sold off yesterday that are AI related are bouncing back this morning. ## Key takeaway SpaceX's acquisition of telecom spectrum causes telecom stocks to drop while Micron retains a strong buy rating based on positive earnings performance and analyst revisions.