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Verizon Communications Inc.

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T-Mobile stock crashes 13% to $148.58: Is SpaceX a $24bn threat or an overreaction?

T-Mobile US lost approximately $24.4 billion in market value after SpaceX's latest spectrum deal intensified competition fears. With the stock near $149 and management forecasting $18.4 billion to $18.8 billion in adjusted free cash flow, the valuation now depends on whether satellite-enabled competition can meaningfully disrupt its earnings and customer economics.