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    Home EchoStar Stock Jumps as Elon Musk’s SpaceX Strikes $17 Billion Deal
    Business Desk
    Business English Stock Market Technology

    EchoStar Stock Jumps as Elon Musk’s SpaceX Strikes $17 Billion Deal

    Business DeskZoombangla News DeskSeptember 8, 20253 Mins Read
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    EchoStar stock surged on Monday after a $17 billion deal with Elon Musk’s SpaceX. The agreement covers spectrum sales and a new service partnership. Shares rose more than 20% in premarket trading as investors rushed in.

    The deal gives SpaceX access to AWS-4 and H-block spectrum. EchoStar will receive half in cash and half in SpaceX stock. The company will also get $2 billion in debt coverage. This marks one of the largest spectrum transactions in U.S. wireless history.

    Details of the EchoStar and SpaceX Agreement

    According to Reuters, the deal includes $8.5 billion in cash and up to $8.5 billion in SpaceX stock. EchoStar also secured a long-term partnership for its Boost Mobile users. Customers will be able to access Starlink’s Direct-to-Cell satellite service.

    The agreement boosts EchoStar’s balance sheet. The company has faced pressure from heavy debt tied to 5G deadlines. This transaction follows its $23 billion sale to AT&T in August. Together, these sales have reshaped EchoStar’s financial outlook.

       

    Shares of EchoStar closed last week at $67.24. On Monday, they spiked above $80.94 in premarket. That is a gain of over 20%. Year to date, SATS stock has jumped nearly 190%. Over the past year, it has risen more than 260%.

    echostar stock elon musk

    How the Deal Impacts SpaceX and the Market

    For SpaceX, the spectrum purchase supports its Starlink growth. The company now controls vital frequencies for satellite-to-cell service. This helps Starlink compete with carriers like Verizon, AT&T, and T-Mobile. It also reduces regulatory risks as SpaceX expands mobile coverage.

    The move puts pressure on rivals. Shares of AT&T, Verizon, and T-Mobile dropped on the news. Meanwhile, AST SpaceMobile stock fell more than 12%. Investors see the SpaceX-EchoStar deal as a game changer in wireless.

    Industry analysts note that spectrum prices are soaring. EchoStar was at risk of losing unused assets. The deal now turns those assets into cash and equity. SpaceX gains leverage in a market long dominated by terrestrial networks.

    EchoStar stock soared after Elon Musk’s SpaceX signed a $17 billion spectrum deal. The move reshapes wireless competition and strengthens both firms.

    Info at your fingertips-

    Q1: Why did EchoStar stock rise after the deal?

    The stock rose over 20% because of the $17 billion spectrum sale to SpaceX. Investors see the deal as a major boost to EchoStar’s balance sheet.

    Q2: What does the deal include?

    SpaceX will pay $8.5 billion in cash, up to $8.5 billion in stock, plus $2 billion in debt coverage. It also includes a long-term service partnership.

    Q3: How does this impact Boost Mobile users?

    Boost Mobile subscribers will gain access to Starlink’s Direct-to-Cell service. This will improve coverage in areas without traditional signals.

    Q4: How are other telecom stocks reacting?

    Shares of AT&T, Verizon, and T-Mobile fell after the news. AST SpaceMobile also dropped, reflecting the pressure from SpaceX’s expansion.

    Q5: What is the long-term impact for SpaceX?

    The deal strengthens Starlink’s position in global wireless. It gives SpaceX key spectrum and helps it compete with major carriers.

    Get the latest News first — Follow us on Google News, Twitter, Facebook, Telegram , subscribe to our YouTube channel and Read Breaking News. For any inquiries, contact: [email protected]
    17: billion boost mobile starlink business deal echostar echostar sat stock news echostar stock elon musk elon english jumps market musk’s spacex spacex echostar partnership spacex spectrum deal starlink direct-to-cell stock strikes technology wireless spectrum sale
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