Monday, 19 October 2026
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Cross-asset desk, Private Trade News (2026-10-19): SpaceX Telecom Ambitions Aren’t Reason to Fear This ETF For the week ending Tuesday, Oct. 13, shares of SpaceX (SPCX) slumped nearly 9%. Part of the drag on… Primary source: original at ETF Trends (etftrends.com).
SpaceX Telecom Ambitions Aren’t Reason to Fear This ETF
For the week ending Tuesday, Oct. 13, shares of SpaceX (SPCX) slumped nearly 9%. Part of the drag on the stock was reaction to the company’s telecom ambitions. SpaceX’s Starlink is a major provider of satellite internet services, with clear telecom inroads. The stock is classified, by some index pro