2025-11-06
SpaceX acquires $2.6 billion more in spectrum licenses from EchoStar
SpaceX is acquiring more spectrum licenses from EchoStar in exchange for about $2.6 billion worth of shares in Elon Musk's aerospace company. The transaction is an expansion of the $17 billion deal struck between the companies in September. SpaceX had previously said it would use these licenses for its Starlink satellites as it works to build out the network's 5G connectivity.
The AWS-3 spectrum licenses changing hands include frequencies used in the US for commercial wireless services such as mobile and satellite communications. The distribution and use of spectrum are overseen by the federal government, which a [...]
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AT&T acquires $23 billion worth of spectrum licenses from EchoStar
AT&T is set to acquire $23 billion worth of spectrum licenses from EchoStar, the parent company of Dish Network, Sling TV and Boost Mobile. The deal will see AT&T gain control of approximately [...]
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SpaceX will reportedly receive a $2 billion contract to develop satellites for the US government, according to the Wall Street Journal. The WSJ's report detailed that SpaceX will be tasked with d [...]
