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SpaceX to acquire EchoStar spectrum
Financial Express Ahmedabad
|September 09, 2025
A DONE DEAL
SPACEX, THE ELON Musk-backed company that owns the Starlink satellite network, agreed to acquire wireless spectrum from Charlie Ergen's EchoStar Corp. for about $17 billion in cash and stock.
SpaceX is buying EchoStar's AWS-4 and H-block spectrum licenses, according to a statement Monday, which confirmed an earlier Bloomberg News report. It will pay as much as $8.5 billion in cash and up to $8.5 billion in SpaceX stock.
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FLERE HISTORIER FRA Financial Express Ahmedabad
Financial Express Ahmedabad
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