By John Meyer, consultant in financial affairs – Eurasia Business News, September 8, 2025. Article no. 1774
SpaceX has agreed to buy wireless spectrum licenses from EchoStar in a deal valued at approximately $17 billion. The acquisition includes EchoStar’s AWS-4 and H-block spectrum licenses and involves up to $8.5 billion in cash and up to $8.5 billion in SpaceX stock. Additionally, SpaceX will make around $2 billion in cash interest payments on EchoStar’s debt through November 2027.
EchoStar Corporation’s stock price surged significantly following this announcement of a $17 billion deal. The stock opened around $77.09, hit a high of $84.48 during the day, and closed with a substantial gain of approximately 14.87%, ending near $77.24. This price jump reflects strong investor confidence in the company’s strategic partnership with SpaceX and its efforts to pay down debt through the deal. EchoStar’s market capitalization was about $22.2 billion on that date.
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This deal is aimed at enhancing SpaceX’s Starlink satellite network, particularly to support Starlink’s direct-to-cellphone service. As part of the long-term commercial partnership, EchoStar’s Boost Mobile customers will also get access to SpaceX’s upcoming Starlink direct-to-cell service.
The transaction provides EchoStar with a crucial financial boost and enables SpaceX to expand its presence in the mobile phone sector and eliminate mobile dead zones globally.
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© Copyright 2025 – Eurasia Business News. Article no. 1774
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