On June 30, T-Mobile US fell 3.08% in regular trading, trading at $167.54/share, with turnover of $86.60 million. The decline extends a multi-session selloff driven by a confluence of negative catalysts including SpaceX acquisition speculation and a broad套餐 restructuring initiative.
On the news front, TD Cowen published a research note suggesting SpaceX could seek to acquire T-Mobile for approximately $320 billion to build an integrated broadband, mobile, and satellite connectivity platform. While analysts called T-Mobile the best acquisition target for SpaceX, they noted execution difficulty remains extremely high as parent company Deutsche Telekom views it as a core cash-generating asset. The ownership uncertainty has weighed on market sentiment. Separately, UBS cut its price target on T-Mobile from $300 to $255 while maintaining a Buy rating.
Adding further pressure, T-Mobile initiated a comprehensive plan upgrade program, retiring over 1,100 legacy billing codes including Simple Choice, T-Mobile One, and older Sprint plans, migrating existing users to new plans with modest price increases. The wireless telecom sector broadly declined, with Vodafone down 3.58%, Turkcell down 3.10%, and SK Telecom down 2.47%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)