T-Mobile US, Inc. (NASDAQ:TMUS) is one of the 10 Best Stocks to Buy According to Billionaire Jeffrey Talpins.
Telecommunications giant T-Mobile US, Inc. (NASDAQ:TMUS)’s shares are down by 25.3% over the past year and by 11% year-to-date
The past couple of months have been nothing but eventful for the firm due to its partnership with SpaceX. Soon after SpaceX listd its shares for trading, word started to spread that the firm might have to acquire T-Mobile US, Inc. (NASDAQ:TMUS). One such report came from TD Cowen, with analyst Gregory Williams suggesting on June 25th that the carrier would be the first choice for SpaceX for an acquisition should the space networking firm decide to make such a move.
The next day, on the 26th, a Reuters report suggested that SpaceX had told investors that it planned to launch a retail mobile service through Starlink. Between the 26th and 30th, T-Mobile US, Inc. (NASDAQ:TMUS)’s shares dropped by 8%. Another report, from The Wall Street Journal, suggested that Deutsche Telecom might be interested in a merger with T-Mobile US, Inc. (NASDAQ:TMUS).