DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Iridium's Stock Plunge: SpaceX Starlink Squeezes Satellite Sector
Iridium's Stock Plunge: SpaceX Starlink Squeezes Satellite Sector

Iridium's Stock Plunge: SpaceX Starlink Squeezes Satellite Sector

Update: 2025-09-12
Share

Description

Iridium stock plunges after SpaceX's Starlink threatens satellite market dominance! A Raymond James downgrade triggered a 3.3% drop, fueled by fears Iridium will lose ground as competition intensifies. Is this a buying opportunity or a sign of deeper trouble for the satellite provider? Find out how this shakeup impacts investors and the future of satellite communications.

Hosted on Acast. See acast.com/privacy for more information.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Iridium's Stock Plunge: SpaceX Starlink Squeezes Satellite Sector

Iridium's Stock Plunge: SpaceX Starlink Squeezes Satellite Sector