EchoStar to sell spectrum to SpaceX after FCC threatened to revoke licenses
SpaceX will buy up to $17 billion of EchoStar spectrum licenses to expand Starlink Direct-to-Cell, following FCC scrutiny that pressured EchoStar to sell.
EchoStar stock is soaring again: Spectrum deal with SpaceX pushes Dish Network parent sky high
EchoStar will sell AWS-4 and H-block spectrum licenses to SpaceX for approximately $17 billion, receiving cash, private SpaceX shares, and $2 billion funded interest.