Skip to content
24/7NewsPaper
Back to feed

Telstra pinned as possible SpaceX loser after mega float (opens original article in a new tab)

TL;DR

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

Conversation

No comments yet

Threaded discussion is coming next — this is where the community conversation about this story will live.