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SPCX Slips 0.6% Overnight as Analysts See Carrier Edge

Shares of Space Exploration Technologies slipped 0.6% overnight. Raymond James called fears of a near-term Starlink challenge to T-Mobile “overblown,” while Morningstar said Verizon’s network gives established carriers a significant edge.

SPCX

6% overnight ahead of Tuesday. Raymond James described concerns about a near-term Starlink challenge to T-Mobile as “overblown,” while Morningstar said Verizon’s network gives established carriers a significant edge. SPCX shares closed Monday at $16.