SpaceX panic sends Verizon and AT&T shares toward their worst week in years

AI Summary

Shares of Verizon and AT&T are experiencing their worst week in years amid market panic over competition from SpaceX's Starlink satellite internet service. The looming threat of Starlink is impacting investor confidence in traditional telecom companies.

The two telecom companies’ stocks are having a terrible week as the threat of Starlink looms.