Verizon’s Big Yield Looks Tempting—But What’s the Real SpaceX Risk?

Verizon just posted Q3 results, and the headline story is actually pretty simple: the company’s pivot toward being more customer-focused is working. The stock popped about 2.7% on the news. But here’s the weird part — Verizon is showing real momentum, and the stock has still been weighed down by a company that isn’t even a wireless carrier yet: SpaceX.

Let’s unpack why that’s happening, because it’s a genuinely interesting case of a stock trading on a future threat instead of current results. 📉

## What actually happened