$17 Billion: Elon Musk's SpaceX struck a deal with EchoStar Corporation
Geplaatst: 09 sep 2025 22:24
$17 Billion: Elon Musk's SpaceX struck a deal with EchoStar Corporation for 50 MHz of exclusive U.S. spectrum and global MSS licenses, a move that supercharges its Starlink Direct to Cell service worldwide.
"This agreement will enable us to develop and deploy our next-generation Starlink Direct to Cell constellation, which will be capable of providing broadband service to cell phones globally," SpaceX wrote in a press release on Monday morning.
Here's the breakdown of the SpaceX–EchoStar spectrum deal.
EchoStar wrote in a press release that SpaceX is paying $8.5 billion in cash and up to $8.5 billion in SpaceX stock for its AWS-4 and H-block spectrum licenses, adding that the proceeds will be used to "retire certain debt obligations and fund EchoStar's continued operations and growth initiatives."
https://www.zerohedge.com/technology/sp ... irect-cell
"This agreement will enable us to develop and deploy our next-generation Starlink Direct to Cell constellation, which will be capable of providing broadband service to cell phones globally," SpaceX wrote in a press release on Monday morning.
Here's the breakdown of the SpaceX–EchoStar spectrum deal.
EchoStar wrote in a press release that SpaceX is paying $8.5 billion in cash and up to $8.5 billion in SpaceX stock for its AWS-4 and H-block spectrum licenses, adding that the proceeds will be used to "retire certain debt obligations and fund EchoStar's continued operations and growth initiatives."
https://www.zerohedge.com/technology/sp ... irect-cell