Echostars 19.9% Rally Drives 1.94B Volume Ranking 33rd as 17B SpaceX Deal Unfolds

. 8, 2025, . . , .

The agreement enables SpaceX to deploy next-generation Starlink Direct-to-Cell satellites, leveraging EchoStar’s spectrum to expand coverage for mobile connectivity. EchoStar’s Boost Mobile subscribers will gain access to the service via the company’s 5G core network. CEO emphasized the strategic alignment of combining EchoStar’s spectrum assets with SpaceX’s satellite capabilities to accelerate direct-to-cell technology adoption. SpaceX’s highlighted the deal’s role in advancing global connectivity, particularly in disaster response scenarios.

Proceeds from the sale will prioritize debt reduction and fund EchoStar’s operations, with no disruption expected to its DISH TV, Sling, or Hughes businesses. The transaction, pending regulatory approvals, is also anticipated to address ongoing Federal Communications Commission inquiries. Legal representation for the deal included White & Case LLP for EchoStar and Gibson Dunn & Crutcher LLP for SpaceX.

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