--- title: "Weekly Recap | SpaceX +2.27%, spectrum deal rattles telcos" type: "News" locale: "en" url: "https://longbridge.com/en/news/301471983.md" description: "SpaceX advanced 2.27% on the week to close at $162.57, beating the S&P 500 by about 1.12 percentage points. The tape was choppy with an early surge and a late fade: shares rallied to $171.09 on Monday (Oct 5), set an intraday high of $176.42 on Tuesday (Oct 6), then pulled back for three straight sessions, touching $160.00 on Thursday before settling at $162.57 on Friday. Weekly amplitude came to 11.2%, with daily volume running about 21.8% above its median." datetime: "2026-10-10T07:43:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/301471983.md) - [en](https://longbridge.com/en/news/301471983.md) - [zh-HK](https://longbridge.com/zh-HK/news/301471983.md) generator: "portal-rs" --- # Weekly Recap | SpaceX +2.27%, spectrum deal rattles telcos ## The Week SpaceX advanced 2.27% on the week to close at $162.57, beating the S&P 500 by about 1.12 percentage points. The tape was choppy with an early surge and a late fade: shares rallied to $171.09 on Monday (Oct 5), set an intraday high of $176.42 on Tuesday (Oct 6), then pulled back for three straight sessions, touching $160.00 on Thursday before settling at $162.57 on Friday. Weekly amplitude came to 11.2%, with daily volume running about 21.8% above its median. ## Key Events The defining moment arrived on Oct 9, when SpaceX announced it would acquire 800 MHz spectrum to support Starlink Mobile. Elon Musk called the deal an earthquake, and the market treated it that way. AT&T sank 11% in its worst day since 2000, Verizon and T-Mobile US tumbled, and AST SpaceMobile fell more than 15% at one point. On the other side, spectrum holder Crown Castle jumped, and several infrastructure names were framed as hidden winners of the deal. Evercore said Starlink Mobile is becoming a real threat to telecom giants, with analysts flagging concerns over carrier pricing power and customer retention. Elsewhere, SpaceX and Tesla fell together in a session that cost Musk $21 billion, before stabilising as Nvidia led a broad rebound. Ark Invest also trimmed its SPCX position over the weekend, according to late-week filings. ## The Week Ahead Macro data sets the tone next week. On Tuesday (Oct 13), the US releases the NFIB small business optimism index and existing home sales. On Wednesday (Oct 14), CPI and core CPI are due, with CPI forecast at 3.7% versus a prior 3.4% and core CPI at 2.5% versus 2.4%. A hotter print would extend the pressure from Treasury yields at 24-year highs and again test how richly valued growth names are priced. On the corporate side there is no direct earnings calendar for SpaceX, but the repricing triggered by the spectrum deal looks likely to keep reverberating through telecom and space-related stocks as investors reassess the Starlink Mobile rollout. ## In Short SpaceX beat the market this week, but the modest headline gain hides an event-driven shock that rattled telecom and space names. The spectrum acquisition widens the Starlink Mobile angle against US carriers while forcing legacy operators into a defensive repricing. Valuation signals are mixed: the current price-to-book sits around 16.8x with negative price-to-earnings, while the latest session shows large-lot money turning net seller even as retail flows the other way, pointing to a hesitant short-term tape. The next test is whether CPI changes the rate backdrop for high-multiple assets, and how quickly SpaceX translates the spectrum move into execution in the mobile market. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md) - [SPCH.US](https://longbridge.com/en/quote/SPCH.US.md) - [SPCF.US](https://longbridge.com/en/quote/SPCF.US.md) - [SPAL.US](https://longbridge.com/en/quote/SPAL.US.md) - [SNK.US](https://longbridge.com/en/quote/SNK.US.md) - [SSPC.US](https://longbridge.com/en/quote/SSPC.US.md) - [SPCU.US](https://longbridge.com/en/quote/SPCU.US.md) - [LOFF.US](https://longbridge.com/en/quote/LOFF.US.md) ## Related News & Research - [Elon Musk just delivered great news to SpaceX investors and bad news to traditional telecom investors](https://longbridge.com/en/news/301432230.md) - [SpaceX to buy key spectrum that could help Starlink Mobile become major US cell carrier](https://longbridge.com/en/news/301420428.md) - [SpaceX spectrum deal sends Deutsche Telekom shares falling 7%](https://longbridge.com/en/news/301377955.md) - [3 reasons SpaceX stock is taking off today](https://longbridge.com/en/news/301411574.md) - [Jim Cramer Calls Elon Musk Acquiring Lower Frequency Spectrum 'HUGE' for SpaceX; Chamath Palihapitiya Says It's A 'Very Big Deal'](https://longbridge.com/en/news/301357497.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**