T-Mobile Gains After Musk Teases ‘Special’ SpaceX Event

Elon MuskPhotographer: Maja Hitij/Getty Images
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T-Mobile US Inc. shares rose after Elon Musk’s SpaceX said it would host an event on Thursday to reveal plans for the two companies to “increase connectivity.”

Musk will host the event at SpaceX’s Starbase in Boca Chica, Texas, with T-Mobile Chief Executive Officer Mike Sievert at 7 p.m. Central time, according to an announcement posted online. No additional details were given about the event, which Musk tweetedBloomberg Terminal will be “something special.”