Why Crown Castle Stock Soared Today
Shareholders can thank Elon Musk.
Overview
Crown Castle (NYSE:CCI) shares rocketed higher today after news that Space Exploration Technologies may be moving into the mobile phone network business.
News that SpaceX's Starlink might move further into the wireless industry sent Crown Castle stock up 14.2% as of 12:05 p.m. ET.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.