ORBX News | Roxom Stocks

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Telecom Stocks Tumble After SpaceX Spectrum Deal: ETFs in FocusSpaceX agreed to acquire a nationwide spectrum portfolio from Grain Management to expand Starlink's satellite internet into mobile services, causing major telecom stocks to plunge on October 10. Verizon dropped 8.75%, T-Mobile fell 13.27%, and AT&T declined 9.81%, marking their worst days in years. However, analysts believe established carriers face limited near-term competition as building a rival network would require substantial time and investment. Space-focused ETFs are expected to benefit long-term from the deal.Zacks Investment Research · Oct 12, 2026

SpaceX Stock Jumps on Bullish Morgan Stanley Call: ETFs to WatchMorgan Stanley upgraded SpaceX with a Buy rating and $300 price target, implying 75% upside from current levels. The bullish call cites catalysts including Starship progress, AI business expansion, and upcoming earnings. SpaceX shares surged 7.7% following the recommendation, with the company's AI unit generating significant revenues through multibillion-dollar contracts with major customers like Anthropic and Google.Zacks Investment Research · Oct 6, 2026

Space ETFs Plunge As SpaceX Debuts In Record IPO: Expert Explains The Sell-OffSpace ETFs experienced sharp declines on the day of SpaceX's record $1.77 trillion IPO at $135 per share. According to Tema ETFs CEO Maurits Pot, the sell-off reflects a rotation as investors shift capital from other space stocks into SpaceX rather than a loss of confidence in the sector. The pullback follows a powerful year-to-date rally of 65-78% in space funds, triggering a classic 'sell-the-news' reaction.Benzinga · Jun 12, 2026

Space Stocks Are Back In Orbit As SpaceX IPO Hype BuildsSpace stocks and ETFs are experiencing significant gains in 2026 as investor enthusiasm for the sector surges ahead of SpaceX's anticipated IPO in June. Multiple space-focused ETFs have launched recently and posted sharp gains, with individual space stocks averaging 81.8% year-to-date returns. SpaceX is expected to list on Nasdaq as early as June 12 under ticker SPCX, potentially raising over $25 billion at a valuation exceeding $1 trillion.Benzinga · May 20, 2026

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