EchoStar sells AWS-3 spectrum to SpaceX for $2.6 billion in stock.

Thursday, Nov 6, 2025 6:32 am ET1min read

EchoStar has agreed to sell its unpaired AWS-3 spectrum licenses to SpaceX for approximately $2.6 billion in SpaceX stock. The transaction builds on an agreement reached in September and will enable SpaceX to develop and deploy a next-generation Starlink Direct to Cell constellation. The AWS-3 spectrum is nationwide and part of 3GPP Band 70n.

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