On Thursday, satellite stocks, particularly Viasat (NASDAQ: VSAT), saw a boost, with Viasat’s share price rising 2.6%, contrasting with the S&P 500‘s 0.5% decline. This uptick followed a public dispute on social media between President Trump and Elon Musk, who criticized Trump’s One Big, Beautiful Bill amid its challenging progress in the Senate. The exchange highlighted the ongoing tensions between two prominent figures, contributing to Viasat’s performance in the stock market.
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