US stock movement: Viasat plummeted on October 8th as SpaceX received direct connection permission and a high-level correction occurred

Weixun Company October 8th Sharp Drop Analysis

Keywords: SpaceX’s direct-to-device license approval, high-level pullback

1. On October 6th, the U.S. Federal Communications Commission approved SpaceX’s non-geostationary orbit system to provide direct-to-device services, expanding its competitiveness in satellite communications and direct-to-device sectors, which brings competitive pressure on related Weixun businesses.

2. As of October 9th, Weixun has risen 91.18% cumulatively this year, but has fallen 6.35% in the past five days; data on September 15th already indicated a significant three-year increase, and there is short-term pressure for a high-level pullback and profit-taking.

3. On October 2nd, AST SpaceMobile faced rating and target price downgrades due to launch delays, rising constellation costs, and intensifying competition, leading to increased valuation pressure across the satellite communications sector.

(Disclaimer: This content is compiled and generated by AI technology based on publicly available information and is for reference only. It does not constitute investment advice.)