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SpaceX Eyes EchoStar Spectrum for $17 Billion
Mint Hyderabad
|September 09, 2025
SpaceX, the Elon Musk-backed firm, which owns the Starlink satellite network, agreed to acquire wireless spectrum from Charlie Ergen's EchoStar Corp. for $17 billion in cash and stock.
SpaceX is buying EchoStar's AWS-4 and H-block spectrum licenses, according to a statement on Monday, which confirmed an earlier Bloomberg News report. It will pay $8.5 billion in cash and up to $8.5 billion in SpaceX stock.
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