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SPCX Shares Slip 1% as T-Mobile CEO Rejects SpaceX Network Deal

SpaceX shares slipped 1% overnight after T-Mobile CEO Srini Gopalan again rejected an MVNO arrangement, saying he sees “no room” for a deal in consumer wireless or fixed wireless.

SPCXTMUS

Shares of Space Exploration Technologies Corp. (SPCX) slipped 1% overnight heading into Wednesday as T-Mobile CEO Srini Gopalan doubled down on his rejection of a mobile virtual network operator (MVNO) arrangement with SpaceX, saying he sees “no room” for a deal in either consumer wireless or physi…

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