Cramer’s Mad Dash: SpaceX
Speakers
Jim Cramer
— Host, Mad Money
David Faber
— Anchor, Squawk on the Street / Media Analyst
Summary
Jim Cramer and David Faber discuss a Bernstein research note that cut price targets on major telecom stocks due to competitive pressure from SpaceX's Starlink. Cramer states he does not want to own AT&T or Verizon, citing the potential for Starlink to expand beyond rural areas into the suburbs.
- Bernstein cuts price targets for T-Mobile, AT&T, Verizon, Comcast, and Charter citing SpaceX Starlink.
- Key debate: whether Starlink can serve suburban markets, not just rural.
- Cramer explicitly says he does not want to own AT&T or Verizon.
- Analyst Craig Moffett is skeptical Starlink can overcome physics; Adam Jonas sees it differently.
- Telecom stocks reportedly went up despite the price target cuts.
Ideas
Avoid AT&T, Verizon on Starlink threat
Jim Cramer does not want to own AT&T or Verizon because SpaceX's Starlink satellite internet service poses a growing competitive threat to traditional telecoms. The threat is highlighted by a Bernstein note that cut price targets on T-Mobile, AT&T, Verizon, Comcast, and Charter, and the key debate is whether Starlink can serve suburban areas beyond just rural, which would increase the risk.
Up Next
This CNBC video, published July 13, 2026, features Jim Cramer discussing T, VZ. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Jim Cramer · Tickers: T, VZ