Telstra pinned as possible SpaceX loser after mega float (opens original article in a new tab)
Traders speculate that Telstra may face competition from SpaceX's Starlink after its $US1.8 trillion listing, which could disrupt existing broadband providers.
- Telstra is seen as a potential competitor to SpaceX's Starlink in the satellite internet market
- SpaceX's revenue is heavily reliant on Starlink's connectivity services
- SpaceX's recent stock market listing has raised concerns among investors about market disruption
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