SpaceX's move into mobile carrier service and its spectrum purchases pose a new competitive threat to traditional carriers like Verizon, potentially cracking decades of comfortable pricing; however, building a network for dense cities is very hard and real disruption may not arrive until around 2029.

The host believes VZ will not sit around and watch SpaceX Mobile eat into its business; it will cut prices and be aggressive on promotions, advertising and customer retention.

As a traditional telecom operator, Verizon will face competitive pressure from Starlink's new plan; if Starlink's plan is damaging enough, incumbents including Verizon may be forced to cut prices, offer more data, or negotiate cooperation with Starlink. The host did not give a directional view on Verizon's stock price.

Starlink obtained low-band licenses and can serve independently, so traditional telecom stocks face fiercer competition and possible traffic price cuts, making high profits and dividends hard to sustain; therefore the telecom plunge is not a buying opportunity, and the valuation model may be rebuilt.