Key takeaways
- Elon Musk told investors on November 6, 2026, that SpaceX (NASDAQ:SPCX | SPCX Price Prediction) could buy a legacy telecom carrier and use its airwaves “ten times more effectively.
- SpaceX rose 8.62% to $134.27, but Musk also gave his revenue outlook in the same conversation, and the stock had lost 19.89% over the prior month during a post-election Nasdaq rout.
- On Deutsche Telekom’s November 5 earnings call, CEO Tim Hoettges said SpaceX would need at least EUR 200 billion, or about $220 billion, to compete with the established US carriers.
Musk hinted at a telecom takeover without naming a target, while a rival CEO put a staggering price on SpaceX's ambitions. Debt, regulators, and a spectrum gap stand between the boast and a real deal.
See the latest quote, chart and news for SPCX.
